Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company.  ( 1 min )

More U.S. banks have been hit with credit rating downgrades, the latest development that threatens to make borrowing even more difficult for businesses and individuals.  ( 1 min )

Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.  ( 1 min )

MACOM agreed to buy Wolfspeed's radio frequency for $125 million, in a move that the companies say could help MACOM boost its earnings and Wolfspeed better focus on its silicon carbide power device and material businesses.  ( 1 min )

Lowe's, one of America's biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.  ( 1 min )

Microsoft said it would transfer the cloud streaming rights of Activision's games to French rival Ubisoft to convince U.K. regulators to allow Microsoft's acquisition of Activision.  ( 1 min )

A financial plan is a document detailing a person’s current money situation and long-term monetary goals, as well as strategies to achieve them.  ( 25 min )

Add this to the many ways that we all could end up paying for the effects of climate change: The U.S. and other countries could see their credit ratings tumble, making their debts harder to pay off.  ( 17 min )

Uniswap (UNI) is a cryptocurrency and decentralized exchange for trading digital assets. UNI holders can earn rewards and participate in governance.  ( 22 min )

A convertible insurance policy allows the insured to convert a term policy to a permanent policy at a later date.  ( 20 min )

Personal loan rates jumped this week to 20.87%, adding 28 basis points since last week when the average personal loan rate sat at 20.59%.  ( 18 min )

Pet insurance can help you save on veterinary care. Learn how pre-existing condition exclusions apply when purchasing pet insurance coverage.  ( 21 min )

The Federal Trade Commission (FTC) recently uncovered a scam targeting student loan borrowers that made $8.8 million by promising debt relief.  ( 17 min )

Tech giant IBM has agreed to a deal with investment firm Francisco Partners for its holdings in The Weather Company.  ( 17 min )

Understand the differences between inflation and deflation, their effects on economies and consumers, and why economies frequently teeter between the two.  ( 23 min )

If you can, take advantage of a little-known tax break and front-load your 529 plan to maximize the effect of compounding.  ( 24 min )

Moving out into your first rental is a big step, so be financially prepared.  ( 21 min )

Crypto winter is a period of lower cryptocurrency prices compared to prior highs. This is similar to a bear market in the stock market.  ( 21 min )

These successful women entrepreneurs have built global brands and fortunes through their own hard work and strong drive.  ( 25 min )

Your 529 plan will cover the same qualified education expenses when you study abroad as it does in the United States.  ( 22 min )

Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.  ( 17 min )

DICK's reported a 13% decline in EPS and a drop in gross margin, attributable in part to the growing problem of inventory shrinkage across the retail industry.  ( 17 min )

More U.S. banks have been hit with credit rating downgrades, the latest development that threatens to make borrowing even more difficult for businesses and individuals.  ( 18 min )

Rates on 30-year mortgages jumped almost a tenth of a point, setting a new 21-year high average. Rates on most other loan types were essentially flat.  ( 22 min )

U.S. equity markets were mixed in midday trading on Tuesday, Aug. 22, 2023 as bank stocks lost ground after S&P downgraded several U.S. banks.  ( 16 min )

Existing home sales fell more than estimated in July, dropping by 2.2% to 4.07 million at an annualized rate, according to a report out Tuesday.  ( 16 min )

A country's balance of trade can affect its exchange rate when trade surpluses or trade deficits influence the supply of or demand for the country's currency.  ( 20 min )

MACOM agreed to buy Wolfspeed's radio frequency for $125 million, in a move that the companies say could help MACOM boost its earnings and Wolfspeed better focus on its silicon carbide power device and material businesses.  ( 17 min )

Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 21 min )

Your 529 plan withdrawals that aren’t used for qualified education expenses can be subject to tax and a 10% penalty. Here’s how to avoid that penalty.  ( 25 min )

The rule of 72 is a mathematical shortcut used to predict when a population, investment, or other category will double in size for a given rate of growth.  ( 20 min )

Lowe's, one of America's biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.  ( 17 min )

Although imperfect, these leading economic indicators can help investors predict and react to where the market is headed.  ( 25 min )

A focus list is a list of recommended stocks published by an investment firm's research department. It's typically a short list of their best trade ideas.  ( 19 min )

Personal loans are flexible and can be used for many purposes. However, there are some risks involved with using personal loans.  ( 24 min )

While there are several kinds of personal loans that are easy to get approved for, these tend to be more costly than a traditional personal loan.  ( 24 min )

Chinese e-commerce company Baidu reported revenue 15% higher, beating analysts' estimates, while its automated taxi service grew.  ( 16 min )

Microsoft said it would transfer the cloud streaming rights of Activision's games to French rival Ubisoft to convince U.K. regulators to allow Microsoft's acquisition of Activision.  ( 17 min )

Review 10 key economic indicators for the U.S. economy and learn about each one. Find out what they indicate and how to interpret them.  ( 24 min )

The producer price index is a monthly measure of change in the prices received by domestic producers.  ( 26 min )

The highest and lowest unemployment rates in the world vary dramatically, even among the world's largest economies, and low unemployment doesn't mean wealth.  ( 25 min )

Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )

Form 1099-NEC is an Internal Revenue Service (IRS) form for businesses to report payments made to nonemployees, such as independent contractors.  ( 21 min )

Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.  ( 22 min )

Microsoft submitted a new proposal to U.K. regulators for its stalled acquisition of Activision Blizzard, and Zoom shares rose after the video conferencing provider beat earnings projections on strength in its enterprise business. Here’s what investors need to know today.  ( 19 min )

Cyclical unemployment and structural unemployment differ greatly. Here we describe how different types of unemployment impact workers and the economy.  ( 36 min )

Learn about two competing economic theories of the role of money supply and whether money supply causes inflation in the economy.  ( 23 min )

CDs offer a conservative investment for a set number of months or years. Marcus offers competitive CD rates on a variety of terms.  ( 19 min )

A CD can be a smart way to set aside cash. Learn about PNC Bank’s CD rates, the ins and outs of opening one, and how these CDs compare with select competitors.  ( 20 min )

Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )

Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 20 min )

With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 23 min )

The move is effective Wednesday and is the result of embattled Philadelphia bank failing to file its 2022 annual report.  ( 12 min )

(Bloomberg) -- Foreign investors are selling short-dated Treasuries, which suggests there’s more room for yields to rise as some buyers step back from paper that’s considered expensive. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThere’s been renewed selling in the less-tha  ( 31 min )

Nearly everyone realizes demand for the company's artificial intelligence chips will likely outstrip supply for a while.  ( 26 min )

Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares following the chipmaker's quarterly results after the close on Wednesday, options market data showed. Nvidia options imply a nearly 11% swing for the shares, in either direction, by Friday, according to Trade Alert data. A move of that magnitude would be larger than the 8.6% average swing on the day after the chipmaker's results over the last eight quarters, but still well below the 24.4% jump after the last earnings report.  ( 31 min )

(Bloomberg) -- Charles Schwab Corp. is looking to raise fresh debt in the US investment-grade bond market, after revealing plans to cut jobs and close or downsize offices to curb costs. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesThe financial services firm brought a benchm  ( 31 min )

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The race to space exploration has been heating up, with Elon Musk's SpaceX making significant strides in the sector. The private company is valued at approximately $150 billion after a recent share sale by investors. Musk is speculated to own roughly 44% of the company. The company reached an agreement with both new and existing investors to offer up to $750 million in stock from insiders at a price of $81 per share last month, valuing it at approximately $140 billion, according to a document se  ( 33 min )

Leading economists say the threat of recession has passed, but there's a lot of reasons to think the worst is yet to come.  ( 36 min )

In the latest volatile session since its backdoor listing last week, VinFast's stock was last up 127% at $40.24, giving it a market capitalization of $95 billion. Last Tuesday, the cash-burning company soared as it started trading on the U.S. stock market with an opening price of $22 following its tie-up with SPAC partner Black Spade Acquisition. With 99% of the EV firm controlled by founder Pham Nhat Vuong, the tiny amount of publicly available shares has made the stock prone to volatility.  ( 31 min )

The stock is down about 32% this year, and fell again on Tuesday after Schwab outlined plans to rein in expenses.  ( 26 min )

Rates on 30-year mortgages jumped almost a tenth of a point, setting a new 21-year high average. Rates on most other loan types were essentially flat.  ( 22 min )

The move follows the company's recent announcement that it plans to acquire Crestwood Equity Partners in a $7.1 billion deal.  ( 9 min )

There's a rush into Nvidia options ahead of the chip maker's earnings tomorrow, with many traders eyeing trades that would profit if the shares kept soaring. Some of the most popular trades early Tuesday are calls tied to the shares jumping to $500 or even $700, Cboe Global Markets data show. Calls  ( 21 min )

Shares of VinFast jumped roughly 88% on Tuesday, continuing a streak of big swings in trading since the electric-vehicle stock debuted on the Nasdaq last week. VinFast more than tripled in its public debut, then fell for three straight sessions. The stock is still up more than 200% since VinFast's  ( 21 min )

A new plan to trim expenses has Charles Schwab shares selling off. The stock is down 4% on Tuesday morning, after the brokerage firm said Monday it aims to save $500 million annually by [reducing its office space and trimming headcount](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-  ( 22 min )

Shares of electric-vehicle start-up VinFast are surging. The newly public company is worth more than Ford Motor and General Motors.  ( 26 min )

A new breed of overemployed workers has emerged, turning to artificial intelligence (AI)-powered language models like ChatGPT to handle a significant portion of their job responsibilities. "ChatGPT does like 80% of my job," stated one worker, while another, currently holding down four robot-performed jobs, says, "Five would be overkill." As the popularity of AI-powered tools like ChatGPT continues to soar, concerns are growing about the impact on the global job market. With the potential for job  ( 33 min )

(Bloomberg) -- While higher interest rates can juice profits for a slew of lenders, a senior TD Securities strategist warns that the relentless jump in borrowing costs threatens to create fresh problems for the banking sector. Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateHong Kong Investor Starts Property Fire Sale After Wife ArrestedThe  ( 31 min )

The materials company named a CEO for its healthcare business and added some responsibilities for its CFO.  ( 27 min )

Move to cut the lenders' credit rating comes only weeks after Moody's slashed its ratings on several banks.  ( 33 min )

Nvidia earnings have the potential to keep the tech rally going, but investors shouldn't forget the markets mantra: Don't fight the Fed.  ( 27 min )

Nvidia stock is selling off on Tuesday, but the recent rally in shares ahead of Wednesday’s earnings shows that investors are still pretty enthusiastic. The stock is up 6.8% since Aug. 16, according to FactSet. If that holds up through tomorrow’s close, it will be the second-strongest rally in the  ( 22 min )

Riding the wave of positive economic developments in 2023, investors have significantly increased their exposure to the stock market this year. The evidence is in the data, as pointed out by Goldman Sachs’ Chief US Equity Strategist, David Kostin. The investment firm’s US Equity Sentiment Indicator rebounded from -1.8 in December to +1.5 in July. However, during August, the bears have been trying to regain a foothold, and over the past week, that metric has fallen to +0.8. Now, Kostin says that  ( 34 min )

United States Steel Corp. CEO David B. Burritt sent a letter to employees Tuesday, thanking them for staying focused as the board of directors and upper management consider offers to sell the company.  ( 10 min )

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Retail crime weighed on Dick's Sporting Goods profits in the second quarter and has the retailer lowering its outlook for the full-year.  ( 34 min )

Broadcom, Inc. (AVGO) shares have jumped 54% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )

Francisco Partners has agreed to acquire The Weather Company assets, including the popular Weather.com platform, from International Business Machines.  ( 25 min )

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The agency lowered ratings for several mid sized banks in a new reminder of the challenges facing the industry.  ( 33 min )

3M in July disclosed plans to spin off its healthcare business into a listed company, in which 3M would retain a stake of 19.9%. Hanson would join 3M on Sept. 1 as CEO of Health Care Business Group, the company said.  ( 31 min )

Arm Holdings is preparing for its IPO and the model for its success will be Nvidia - an AI chip favorite. But there are potential concerns about Arm's exposure to China and the smartphone market, warn analysts.  ( 27 min )

The bulls on Nvidia should keep something in mind: product availability.  ( 33 min )

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Baidu, Inc (NASDAQ: BIDU) reported a second-quarter FY23 revenue growth of 15% year-on-year to $4.697 billion, beating the consensus of $4.570 billion. Baidu's Non-GAAP earnings per ADS of $3.11 beat the consensus of $2.32. Segments: Baidu's Core revenue increased 14% Y/Y to $3.64 billion; Online marketing revenue improved 15% Y/Y to $2.71 billion. Non-online marketing revenue grew 12% Y/Y to $937 million, driven by cloud and other AI-powered businesses. Revenue from IQIYI, Inc (NASDAQ: IQ) incr  ( 31 min )

Macy's may have beat estimates, but it's taking a cautious outlook for the rest of the year.  ( 33 min )

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Macy’s swung to a loss and reported a sales decline in the second quarter as worries about inflation continue to make shoppers pull back on clothing and other discretionary purchases. Macy's reaffirmed its annual sales and profits forecasts, noting uncertainty about the economy in the second half. Macy’s is one of the last remaining retailers to report second-quarter results in an earnings season that shows how still high inflation, despite some easing, is forcing shoppers to continue to cut back on discretionary items like clothing in order to afford their larger grocery bills.  ( 32 min )

A restructured proposal from the tech giant would transfer streaming rights for all Activision games over the next 15 years to Ubisoft.  ( 33 min )

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A growing number of workers report that their primary source of retirement income will come from their 401(k) workplace savings plan, according to a new retirement study from Schwab. In 2022, workers said 37% of their retirement money would come from 401(k) cash. That figure has now risen to 40% of workers. Consider working with […] The post You May Need to Rethink Where Your Retirement Income Will Come From appeared first on SmartReads by SmartAsset.  ( 32 min )

The company reports earnings per share of $4.56 in the quarter, beating FactSet expectations for $4.47.  ( 26 min )

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Rising hopes of Nvidia's revenue target once again surpassing Wall Street estimates have fueled a 16.5% surge in shares over the past week. Wall Street expects Nvidia, which dominates the market for chips used to power generative AI like ChatGPT and many such services, to forecast 110% growth in third-quarter revenue to $12.50 billion when it reports results on Wednesday. Nvidia's blowout forecast last quarter had also sparked a rally in AI-stocks as well as Big Tech, making it one of the key drivers for the U.S. stocks rally this year.  ( 31 min )

Baidu said second-quarter net profit climbed, thanks to growth in online-marketing and video-streaming services.  ( 26 min )

Dara Khosrowshahi took to the streets of San Francisco to give passengers rides and deliver Uber Eats orders.  ( 33 min )

The stock market has been pressured by the bond market of late. And an oft-overlooked part of the Treasury market could be fueling the move.  ( 31 min )

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As part of the deal, Microsoft would sell the non-European streaming rights to Activision games to Ubisoft.  ( 26 min )

Strong results at Baidu cut through macroeconomic concerns over China that have recently weighed on the country's stocks.  ( 27 min )

Companies are disclosing the impacts of the 1% tax on share repurchases.  ( 26 min )

Investors are wagering that the furious rally in Nvidia shares will continue after Wednesday’s earnings report.  ( 27 min )

(Bloomberg) -- Baidu Inc.’s revenue rose its most in more than a year, joining China’s largest internet companies in rediscovering growth after Beijing relaxed its grip on the private sector to try and jumpstart a faltering economy.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Clima  ( 33 min )

(Bloomberg) -- Chinese stocks staged a sudden rally late on Tuesday, with several traders attributing the rebound to technical reasons in the absence of any fresh triggers.Most Read from BloombergMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBorrowers With $39 Billion in Student Loans Finally See ReliefQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateIn Hong Kong, the Hang Seng Index climbed nearly 2% within  ( 31 min )

Housing affordability, as monitored by the Atlanta Fed, has already deteriorated beyond the levels seen at the housing bubble's peak in 2006.  ( 32 min )

(Bloomberg) -- China is extending two lines of currency defense to support the yuan, pushing up funding costs in the offshore market and battling back once more with a stronger-than-expected reference rate for the managed currency.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesTech Storms Back as Nvidia’s 8% Jump Fuels AI Bets: Marke  ( 30 min )

(Bloomberg) -- Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, S&P Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapQuant Trader Doub  ( 30 min )

S&P downgraded the ratings of Associated Banc-Corp and Valley National Bancorp on funding risks and a higher reliance on brokered deposits. It also downgraded UMB Financial Corp, Comerica Bank and Keycorp, citing large deposit outflows and prevailing higher interest rates. A sharp rise in interest rates is weighing on many U.S. banks' funding and liquidity, S&P said in a summarized note, adding that deposits held by Federal Deposit Insurance Corp (FDIC)-insured banks will continue to decline as long as the Federal Reserve is "quantitatively tightening."  ( 31 min )

(Reuters) -Gold prices firmed above recent lows on Tuesday, with the non-yielding asset holding ground despite U.S. Treasury yields powering to nearly 16-year highs as investors look ahead to central bankers' meeting this week for clues on interest rates. "Potential buyers have been waiting to see how far gold could fall, and this could be the beginnings of their re-entering the market in force," said Clifford Bennett, chief economist at ACY Securities. Any correction in the U.S. dollar from recent highs could immediately ignite a strong gold market rally, he said.  ( 31 min )

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(Bloomberg) -- A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels since November.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesS&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ ClimateForeign funds are primary drivers of Chinese stocks’ recent selloff, said Li Bei,  ( 32 min )

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(Bloomberg) -- BHP Group Ltd., the world’s biggest miner, reported a 37% decline in full-year profit, missing analysts’ forecasts, as China’s struggling economy weighed on demand for iron ore and other commodities.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnUnderlying at  ( 31 min )

U.S. equity markets were mixed in midday trading on Tuesday, Aug. 22, 2023 as bank stocks lost ground after S&P downgraded several U.S. banks.  ( 1 min )

Microsoft submitted a new proposal to U.K. regulators for its stalled acquisition of Activision Blizzard, and Zoom shares rose after the video conferencing provider beat earnings projections on strength in its enterprise business. Here’s what investors need to know today.  ( 1 min )

Na Vattenfall kondigt ook energiemaatschappij Essent lagere energietarieven voor klanten met een variabel energiecontract aan. Hoewel Essent minder vraagt voor stroom en gas, moedigt het bedrijf klanten nog wel aan zuinig aan te doen.  ( 4 min )

Toezichthouder ACM gaat ervoor zorgen dat leveranciers van stadsverwarming geen torenhoge winsten kunnen maken. Dat moet voorkomen dat gebruikers van stadsverwarming te veel betalen voor hun energie.  ( 3 min )

Big Bazar heeft ook verstek laten gaan bij een rechtszaak die is aangespannen door twee verhuurders in Drenthe. Dat gebeurde eerder ook al in Alkmaar. Toen zei de winkelketen dat het om een fout in de agenda ging.  ( 4 min )

Schepen die door het Panamakanaal willen varen, moeten steeds langer wachten. Door de droogte en lage waterstanden in Panama is een grote opstopping ontstaan. De wachttijd voor schepen loopt flink op.  ( 3 min )

Schiphol heeft in juli iets meer dan zes miljoen reizigers verwerkt. Het was voor het eerst sinds oktober 2019 dat het maandelijkse aantal reizigers boven de zes miljoen uitkwam. Wel zijn het er nog beduidend minder dan in juli 2019.  ( 3 min )

Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.  ( 3 min )

De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.  ( 4 min )

Het Turkse boodschappenbezorgbedrijf Getir gaat reorganiseren. Dat betekent dat 2.500 medewerkers van het bedrijf hun baan verliezen. Dat is ongeveer 10 procent van het personeelsbestand.  ( 3 min )

De top van het Britse bedrijfsleven zag zijn beloning vorig jaar met gemiddeld 600.000 euro stijgen naar 4,6 miljoen euro (3,9 miljoen pond). Ook de Nederlandse ex-Shell-topman Ben van Beurden boerde goed, met ongeveer 11 miljoen euro. De vergoedingen wekken irritatie bij veel Britten.  ( 4 min )

Microsoft heeft nieuwe toezeggingen gedaan om gameontwikkelaar Activision Blizzard alsnog te mogen overnemen. De Britse toezichthouder CMA blokkeerde de deal in juni, omdat de softwaregigant anders mogelijk te machtig wordt op de markt voor online games.  ( 4 min )

Nederlandse particulieren pakten vorig kwartaal gemiddeld 3,2 procent rendement op hun beleggingen. Dan gaat het om investeringen in aandelen, obligaties en beleggingsfondsen.  ( 3 min )

De Verenigde Staten hebben 27 Chinese bedrijven en organisaties van de 'zwarte lijst' gehaald. Bedrijven op die lijst hebben beperkte toegang tot Amerikaanse technologie.  ( 3 min )

Oekraïne wil de graanexport herstellen nu Rusland uit de graandeal is gestapt. Kiev is in gesprek met verzekeringsmaatschappijen die graanschepen in de Zwarte Zee kunnen dekken.  ( 3 min )

Apple rolt dinsdag zijn nieuwe dienst Tap to Pay uit in Nederland. Daarmee kunnen winkeliers van hun iPhone een pinapparaat maken.  ( 3 min )

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The Charles Schwabe Corporation reported in an SEC filing Monday it plans to close or downsize some corporate offices and reduce its headcount to cut costs.  ( 31 min )

The action could lift shares of Kenvue, but Johnson & Johnson stock could come under pressure due to index selling.  ( 26 min )

(Bloomberg) -- An exchange-traded fund that aimed to track CNBC anchor Jim Cramer’s stock picks is planning to shutter just five months after launching.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe Long Cramer Tracker ETF (ticker LJIM) will stop trading Sept. 11, accor  ( 31 min )

Charles Schwab is spending hundreds of millions to exit facilities and cut jobs.  ( 10 min )

Facebook users in the U.S. have until Friday to apply for their share of a $725 million privacy settlement that parent company Meta agreed to pay last year.  ( 31 min )

AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.  ( 26 min )

States with many workers without retirement savings are likely to face a spike in senior poverty, researchers say.  ( 30 min )

The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.  ( 26 min )

Shares of chipmaker Nvidia were up Monday after HSBC analysts lifted the chipmaker’s price target on an increasing sales forecast for fiscal 2024.  ( 31 min )

Carrier American Airlines struck a new four-year contract that immediately raises pay by 21% and adds additional benefits, including changes in scheduling.  ( 27 min )

Grant Cardone, a renowned sales trainer, speaker and entrepreneur with an estimated net worth of $600 million, recently took to X, formerly Twitter, to raise a thought-provoking question: "Can someone explain to me how public servants (politicians) are becoming multimillionaires on $100,000 salaries?" While the message did not specify which public servants he was referring to, it is presumed that Cardone’s remarks were primarily aimed at members of the U.S. Congress. See more on startup investin  ( 32 min )

Zoom stock popped by more than 6% following earnings results.  ( 32 min )

Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 21 min )

Who will end up acquiring U.S. Steel? One analyst thinks the road for a successful buyer runs, in part, through United Steelworkers.  ( 10 min )

J.D. Power found that 51% of Americans can’t pay off their entire balance each month and instead let it revolve to the next month.  ( 33 min )

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The yield on a 10-year government bond is at 4.34%, its highest level since 2007. The 30-year, at 4.445%, was at its highest level since 2011.  ( 26 min )

At least four lawsuits have been filed against the utility in connection with the wildfires that devastated Maui.  ( 27 min )

Everyone has their crystal ball out, trying to figure out where stocks are going. The market’s recent performance is no guide – stocks rose sharply through most of this year, but this August has seen several weeks of consecutive declines. Looking forward, both the bulls and bears can present solid arguments. Marko Kolanovic, J.P. Morgan’s Chief Global Market Strategist, sides with the latter, as he believes the market is on the verge of a downturn. Kolanovic notes that US households built up mor  ( 35 min )

China is facing a “downward economic spiral” amid a mounting crisis in its debt-laden property sector, analysts have warned.  ( 32 min )

Stocks are looking to bounce back from a brutal August for investors so far.  ( 32 min )

American Airlines pilots have approved a new contract that will raise their pay about 41% over four years, their union said Monday. The Allied Pilots Association said that 73% of pilots who took part voted in favor of the four-year contract, which it valued at $9.6 billion. “This contract is a big first step toward restoring the wages, benefits, and work rules that were lost during the past two decades while our profession was under continuous assault," said union President Ed Sicher.  ( 31 min )

With the late Steve Jobs and Steve Wozniak, Apple Inc.'s co-founders, dominating the tech world for decades, it’s easy to overlook the vital role played by a lesser-known figure: Mike Markkula. While Jobs and Wozniak captured the limelight, Markkula’s contributions to Apple's success were no less significant. From angel investor to CEO and chairman, Markkula’s journey with Apple showcased his belief in the power of personal computers. See more on startup investing from Benzinga: Until 2016 it wa  ( 33 min )

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Gasoline in California is at a 2023 high. Here's why  ( 33 min )

(Bloomberg) -- The government has issued an eye-watering $1 trillion in Treasury bills since the debt-ceiling was suspended in early June. So far, the market hasn’t batted an eye.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBig Tech Powers Stock Gains as Nasdaq 100 Rises 1%: Markets WrapFor all the concerns about whether the market wo  ( 31 min )

AMC Preferred Equity units, also known as APES, will no longer be traded on Aug. 25, and will instead be converted to common stock.  ( 26 min )

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SentinelOne Inc, a cybersecurity company with a market value of $4.2 billion, has been exploring options that could include a sale, according to people familiar with the matter. It had benefited from a bonanza in technology spending during the COVID-19 pandemic, fueled by remote work, which fizzled as companies slashed their information technology budgets as the economy slowed. SentinelOne has hired investment bank Qatalyst Partners to advise on discussions with potential acquirers, including private equity firms, the sources said.  ( 32 min )

Wall Street Journal Mark Vs. Elon: Meta's Threads Prepares To Counter Musk's X With Web Version Meta Platforms Inc (NASDAQ: META) is gearing up to launch a desktop version of its microblogging application, Threads. The anticipated web version seeks to address a significant request from its user base and comes as a notable upgrade to its rivalry against Elon Musk's X. After Meta's initial release of Threads in July, it witnessed a surge in popularity, but its momentum has noticeably slowed recent  ( 35 min )

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(Bloomberg) -- Nvidia Corp. shares climbed as much as 5.4% on Monday, as more analysts raised their price targets on the stock, a sign of growing optimism about the chipmaker’s highly anticipated results later this week.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBond Slide Takes Wind Out of Stocks Amid Fed Angst: Markets WrapThe ave  ( 32 min )

Stocks are looking to bounce back from a brutal August for investors so far.  ( 32 min )

The U.S. housing market has been under pressure as a result of substantial interest rate hikes from the Federal Reserve. But that hasn't deterred legendary investor Warren Buffett from placing big bets in the sector. In its latest 13F filing with the Securities and Exchange Commission, Buffett's company Berkshire Hathaway Inc. (NYSE:BRK) disclosed new stakes in three U.S. homebuilders. Investors often pay close attention to Buffett's 13F filings because of his track record of generating consiste  ( 33 min )

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Shares of FedEx and Amazon are both falling after investors learn that Amazon has restarted a third-partly logistics offering.  ( 26 min )

Germany’s “lacklustre” economy will likely stagnate again in the third quarter, the Bundesbank has said, as weak demand from abroad and high interest rates take their toll on Europe’s industrial powerhouse.  ( 44 min )

(Bloomberg) -- The yield on 10-year inflation-protected Treasuries exceeded 2% for the first time since 2009, extending its ascent from year-to-date lows near 1%.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe benchmark rose as much as 6 basis points to 2%, before easing a  ( 31 min )

Roark Capital is nearing a deal to buy sandwich chain Subway for about $9.6 billion, the Wall Street Journal reported on Monday.  ( 29 min )

It has been a tough year for the stock prices of Covid-19 vaccine makers, but today is a different story. Moderna shares are up 7% Monday, after a Biden administration official urged Americans to get booster shots for the disease this fall. Moderna [said in a release last week](https://investors.mo  ( 22 min )

Coming off last year’s merciless bear market year, billionaire value investor David Einhorn managed to buck the trend and steer his hedge fund Greenlight Capital to its best performance in a decade. Now, Einhorn finds himself a bit worried about what might come next. “If we were ‘bearish’ until March and ‘neutral’ through June, we would now characterize ourselves as ‘worried,’” he recently said. “Should long-term interest rates rise, either due to the strong economy or due to supply/demand issue  ( 34 min )

Stocks are looking to bounce back from a brutal August for investors so far.  ( 30 min )

Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock  ( 26 min )

The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.  ( 26 min )

The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.  ( 27 min )

Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?  ( 27 min )

The company has been in a dispute with a group of former board members.  ( 10 min )

A decline in parcel volume and a combination of the Express and Ground units leaves the company with an excess of 700 pilots.  ( 25 min )

The selling pressure persists for Apple as concerns over the growth outlook remain in focus.  ( 33 min )

For the rest of 2023, Baird analyst Ben Kallo has six "best ideas" for investors. Tesla is one of them.  ( 27 min )

XPeng upgraded, Napco downgraded: Wall Street's top analyst calls  ( 34 min )

I am 60 years old, married, with no mortgage. We also have $1.1 million in liquid cash and $880,000 in a 401(k). I will have two pensions, which have not started yet, and my wife will have one pension, all … Continue reading → The post Ask an Advisor: I Am 60 Years Old, Have $1.1M Cash, $880K in a 401(k), Several Pensions and Social Security. Should I Retire Now? appeared first on SmartAsset Blog.  ( 34 min )

The poster child for 2023's artificial intelligence frenzy, Nvidia, reports earnings this week. The stakes are high ahead of this week's earnings report—not just for Nvidia, but for the broader market. Many analysts have [turned bullish on the stock](https://www.wsj.com/finance/stocks/the-ai-trade-  ( 22 min )

Johnson & Johnson investors who elected to participate in the swap will see just 23.8% of their shares converted into Kenvue stock  ( 26 min )

After a rare decision to announce earnings on a Friday afternoon, Palo Alto Networks' results didn't bring the bad news many had expected.  ( 33 min )

Medical Properties Trust slashed its dividend on Monday, an acknowledgement that its previous payouts had become unsustainable. The Birmingham, Ala.-based real estate investment trust, the nation’s largest hospital landlord, said it would cut its quarterly dividend per share to 15 cents from 29 cen  ( 22 min )

The Food and Drug Administration approved 8-milligram doses of Eylea, a treatment for wet age-related macular degeneration.  ( 27 min )

After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.  ( 26 min )

The effect of politically motivated boycott calls on consumer companies may be overblown, research suggests.  ( 27 min )

A Midland-based company that formed through a merger just under a year ago has agreed to pay $4.5 billion to acquire a Houston-area energy company that's been on an acquisition streak of its own.  ( 12 min )

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Stocks are looking to bounce back from a brutal August for investors so far.  ( 30 min )

Permian Resources plans on increasing its quarterly dividend by 20% to 6 cents a share beginning in the first quarter of 2024.  ( 26 min )

The EV maker announced the sale of up to $325 million in convertible bonds. The initial tranche will bring in roughly $125 million to company coffers.  ( 26 min )

(Bloomberg) -- A former Deutsche Bank AG trader is rapidly amassing enough wealth in the fallout from volatile interest rates and inflation to rival some of the richest billionaires in finance.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnAlex Gerko’s fortune has surged to $  ( 32 min )

(Bloomberg) -- Nikola Corp. fell in early trading after the maker of electric big rigs warned it may not reach its full-year delivery target as it grapples with fallout from recent battery incidents.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnThe company also said in a reg  ( 31 min )

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Employees who don't comply with the new rules could face termination or see their performance reviews impacted.  ( 33 min )

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The U.K.’s Competition and Markets Authority said the deal wouldn't substantially reduce competition in the supply of server hardware components.  ( 27 min )

Analysts seem convinced that Nvidia earnings will wow Wall Street this week. Does it raise the risk of disappointment that could hit the whole stock market?  ( 27 min )

Investing.com -- Shares in Johnson&Johnson (NYSE:JNJ) slipped on Monday after the American healthcare giant said it will retain about a 9.5% stake in its consumer health carve-out Kenvue (NYSE:KVUE) following a share exchange offer.  ( 31 min )

BofA Securities analyst Ming Hsun Lee upgraded XPeng stock to Buy from Hold, raising his price target to $22 from $16.30.  ( 26 min )

Goldman Sachs is weighing the sale of a part of its wealth business catering to high net worth clients, it said on Monday, as it shifts its focus back to serving the ultra-rich. The Wall Street bank is evaluating alternatives for its registered investment adviser unit, called Personal Financial Management (PFM), which manages about $29 billion, it said in a statement. Goldman bought the registered investment adviser, formerly known as United Capital Financial Partners, for $750 million in 2019 when it managed about $25 billion in funds.  ( 31 min )

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Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 19 min )

Permian Resources said on Monday it would buy Earthstone Energy in an all-stock transaction valued at about $4.5 billion, including debt. The deal would strengthen Permian Resources' position as a leading Delaware Basin independent producer with pro forma production of about 300,000 barrels of oil equivalent per day (boepd). Delaware Basin, a part of the wider Permian Basin, is a prime target for producers looking to increase their inventory.  ( 30 min )

Amid record profits, workers want to roll back concessions made to auto industry after the 2008 economic recession  ( 35 min )

The Fed's interest rate hikes have driven money market fund yields to their highest level in decades with balances at a record high as investors look to beat inflation.  ( 32 min )

In a reality check for natural-gas producers, volatile prices are prompting European homes and factories to go green faster than expected.  ( 25 min )

Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Nvidia shares have nearly tripled in value this year, swelling the company's market valuation by more than $700 billion and making it the first trillion-dollar chip firm. The blistering rally in its shares means that Nvidia has little room for any earnings-related disappointment and anything other than a higher-than-expected forecast could trigger a rout in its stock, some analysts have warned.  ( 32 min )

The People’s Bank of China reduced its one-year loan prime rate by 0.1 percentage point to 3.45% while the five-year rate was kept unchanged at 4.2%, disappointing investors.  ( 26 min )

Fresh evidence of a robust U.S. economy last week yet again stoked expectations that the Federal Reserve could keep rates higher for longer, driving 10-year Treasury yield to its highest level since October. Investors are now keenly waiting for comments from Fed Chair Jerome Powell on Friday at a meeting of central bankers at Jackson Hole in Wyoming that begins on Aug. 24.  ( 32 min )

(Bloomberg) -- Two of Wall Street’s top strategists are at odds about the outlook for US stocks following a three-week run of declines as debate rages over whether the economy can avoid a recession.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnWhile Morgan Stanley’s Michael  ( 32 min )

After weeks of historically low volatility, Bitcoin snapped back into action late last week with a dramatic selloff. More declines may be coming.  ( 26 min )

China's major state-owned banks were seen actively mopping up offshore yuan liquidity on Monday, three people with knowledge of the matter said, a move that raised the cost of shorting the Chinese currency. State banks often act as agents for China's central bank in the offshore foreign exchange market, but they could also trade on their own behalf or execute their clients' orders. Tightening up offshore yuan liquidity could also act to stabilise the yuan, said one of the sources.  ( 30 min )

Surging loan delinquencies signal that many consumers can’t afford their auto loans.  ( 27 min )

Tech stocks are powering the bull market, but AI-powered exchange-traded funds are lagging behind.  ( 26 min )

(Bloomberg) -- Oil rose for a third day as signs the physical market is tightening and a stall in the dollar’s rally offset growing demand risks in China and the US.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionGlobal benchmark Brent traded above $85 a barrel, and is up more t  ( 31 min )

↗️ Palo Alto Networks (PANW): Shares rose more than 12% in premarket trading after the cybersecurity firm's earnings beat analysts' estimates. The unusually timed Friday-night release [had Wall Street worried](https://www.wsj.com/articles/cybersecur  ( 21 min )

Full-time in-office work is going the way of the dinosaurs. Now the choice is between hybrid and fully remote work, the survivors in the new world of work.  ( 35 min )

U.S. stock futures were rising early on Monday after another losing week. Earnings from Nvidia and messages from the Jackson Hole symposium of central bankers are set to be the highlights of the week. Dow Jones Industrial Average futures were up 75 points, or 0.2%. S&P 500 futures gained 0.4% and N  ( 12 min )

Palo Alto Networks reassured analysts with its earnings report after a brief panic over its unusual timing. It's a relief for cybersecurity peers CrowdStrike and Zscaler.  ( 27 min )

(Bloomberg) -- Chinese stocks extended losses as mainland banks surprisingly kept a key interest rate that’s linked to mortgages on hold, in a move that sent mixed messages on the country’s commitment to support the embattled property sector. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over  ( 32 min )

Palo Alto Networks' fiscal fourth-quarter earnings top analysts' expectations, a report says Meta Platforms is expected this week to launch of desktop version of its microblogging app Threads, Zoom Video reports earnings after the close of trading Monday, and Nvidia reports later in the week.  ( 27 min )

(Bloomberg) -- Adyen NV’s most skeptical analyst isn’t allowing others to wrestle away his position as the most bearish on the Street.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionCitigroup Inc.’s Pavan Daswani, who had the lowest price target ahead of last week’s share-price  ( 31 min )

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(Bloomberg) -- Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference rate for mortgages, despite the central bank putting pressure on lenders to boost loans. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAl  ( 31 min )

(Bloomberg) -- Chinese stocks will settle in a lower trading range than previously expected until Beijing introduces more forceful policy responses to address the contagion risk from a property slump, according to Goldman Sachs Group Inc.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes  ( 32 min )

Investing.com -- Shares in Napco Security Technologies Inc (NASDAQ:NSSC) shed over a third of their value in premarket U.S. trading Monday after the high-tech electronic security equipment manufacturer said it would revise its financial statements over the first three quarters of its 2023 fiscal year.  ( 31 min )

(Bloomberg) -- Some of Country Garden Holdings Co.’s bondholders are demanding full repayment of a local bond due early next month, after the embattled Chinese property developer proposed a three-year extension for the yuan-denominated note.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Priced at Over $  ( 31 min )

Asian stocks were mixed Monday as traders looked ahead to the Federal Reserve’s summer conference for signs of whether the U.S. central bank thinks inflation is under control or more interest rate hikes are needed to cool inflation. Wall Street’s benchmark S&P 500 index edged down 0.1% on Friday to end the week lower ahead of the Jackson Hole, Wyoming, conference. Fed officials have used the event in previous year's to indicate changes in policy direction.  ( 33 min )

The MSCI All Country World Index is down nearly 6% from its recent highs, though still up 10% for the year. One key worry for investors is a surge in bond yields that has come as signs of stronger-than-expected growth in parts of the global economy fuel bets on central banks leaving interest rates at current levels for longer than expected. Meanwhile, U.S. real yields, which show what investors can expect to earn on government bonds after adjusting for inflation, stand near their highest point since 2009.  ( 33 min )

This time the China chose to only trim its one-year benchmark lending rate by 10 basis points and leave the five-year rate unchanged, surprising analysts who had looked for cuts of 15 basis points in both. The news knocked Chinese blue-chips to a nine-month low and kept pressure on the yuan even as the People's Bank of China (PBOC) tried to support it with another firm fixing. Analysts estimate Chinese banks sold at least $2 billion offshore last week on behalf of the PBOC, but only managed a temporary pause in the yuan's decline.  ( 31 min )

The Federal Reserve’s interest-rate hikes and recent bank failures mean lenders aren’t competing so fiercely for jumbo loans.  ( 27 min )

(Bloomberg) -- The dollar inched lower versus most of its major counterparts while Asian equity futures pointed to a cautious open to trading. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBruised Stocks Face Week Full of Tests, From Nvidia to PowellInvestors will be focused  ( 32 min )

(Bloomberg) -- Some of China’s largest mutual fund houses have promised to buy their own equity-focused products, heeding calls from authorities to bolster the market as a selloff continues.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundE-Fund Management Co. and China Asset Ma  ( 31 min )

Shares of many Chinese property developers fell as investor sentiment took a hit after the country’s central bank kept its mortgage rate unchanged, exacerbating concerns over problems in the country’s property sector.  ( 25 min )

(Bloomberg) -- Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundBeijing imposed a variety of restrictions in 2020, from tari  ( 34 min )

(Bloomberg) -- Investors betting on an extension of Baidu Inc.’s market-beating rally may be due for a reality check as concerns about the sluggish Chinese economy and setbacks from a key segment of its business deepen. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundAlas, Trum  ( 33 min )

China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by keeping the five-year rate unchanged. The one-year loan prime rate (LPR) was lowered by 10 basis points to 3.45% from 3.55% previously, while the five-year LPR was left at 4.20%. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.  ( 30 min )

Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.  ( 33 min )

Oil futures gained in early Asian trade as the market shows sign of tightening and after China announced more policies to boost economic growth.  ( 24 min )

Yellow Trucking company filed for chapter 11 bankruptcy in early August and now companies are beginning to bid for the company's assets, which include 160 trucking terminals.  ( 31 min )

(Reuters) -Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates. Brent crude climbed 61 cents to $85.41 a barrel by 0649 GMT, while U.S. West Texas Intermediate crude was at $81.88 a barrel, up 63 cents. Both front-month benchmark prices snapped a 7-week winning streak last week to post a weekly loss of 2% after the U.S. dollar strengthened on the possibility interest rates could remain higher for longer, with China's property crisis adding to concerns about its sluggish economic growth and oil demand.  ( 32 min )

Asian markets held their breath on Monday as investors waited to see how serious Beijing was about policy easing via widely expected rate cuts, having so far sorely disappointed with its stimulus steps. The central bank on Sunday said Beijing would coordinate financial support to resolve local government debt problems, and there have been reports it was encouraging commercials banks to lend more. Investors, however, would prefer massive fiscal spending to minor rate cuts and there is little sign of that as yet.  ( 32 min )

Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month. DuPont had earlier this month raised its 2023 sales forecast betting on demand picking up for its materials used to make a wide range of products including automotive components and semiconductors.  ( 31 min )

(Bloomberg) -- Taiwan’s biggest financial conglomerate has cut back on its exposure to China as it braces for any deeper fallout from the property crisis in the world’s second-largest economy.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundFubon Financial Holding, which operate  ( 33 min )

(Bloomberg) -- If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache, still-low unemployment, and growth that’s slowed without stalling – the world’s top central bankers would’ve taken it like a shot.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk  ( 33 min )

Life insurance can provide peace of mind, but only if you buy the right type of policy and amount of coverage. Here's how.  ( 26 min )

The Darla Moore School of Business is the business school of the University of South Carolina.  ( 19 min )

The S&P 500 posted a 0.7% gain to start the trading week on Monday, Aug. 21, 2023, boosted by strong performance from technology stocks.  ( 16 min )

Permian Resources announced a $4.5 billion deal for rival driller Earthstone that it said will improve its position in the Delaware basin and accelerate shareholder returns.  ( 17 min )

Multiline insurance can refer to complex insurance instruments used to bundle risk exposures, or to agencies that write consumer policies for many lines.  ( 19 min )

Find out some of the lower-risk ways to invest in foreign markets.  ( 20 min )

It is possible for an insurer to cancel your policy after an accident but unlikely, unless you are a high-risk driver.  ( 20 min )

Block Height indicates the overall length of a blockchain.  ( 19 min )

The Military Health System (MHS), through TRICARE, provides medical care to active-duty and reserve-duty service members. Here’s how it works.  ( 25 min )

A growing number of business economists believe the U.S. economy can avoid a long-predicted recession.  ( 18 min )

Shares of COVID-19 vaccine makers including Moderna and Novavax surged on Monday after a report that the Biden administration plans to urge Americans to get booster shots for the fall, as new subvariants emerge and cases rise.  ( 17 min )

You could suspend your mortgage payments for up to 360 days under federal law if your income was affected by COVID-19. There's still some help available.  ( 28 min )

Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 19 min )

The lowest annual salary workers are willing to accept on average is the highest it's ever been.  ( 17 min )

Today’s soaring home prices and mortgage rates mean the typical household falls short of the income needed to buy the median-priced home by more than $20,000 a year.  ( 17 min )

Shares of Palo Alto Networks rallied after the company beat expectations for earnings on strong demand for the firm's cybersecurity services.  ( 17 min )

Important aspects of a capitalist system include private property, private control of the factors of production, accumulation of capital, and competition.  ( 25 min )

The term "brick-and-mortar" refers to a traditional business that offers its products and services to its customers in an office or store, as opposed to an online-only business.  ( 23 min )

Dan Ives, Senior Equity Analyst for Wedbush Securities and one of the industry's top analysts, takes stake of the recent selloff in tech stocks, and paints a picture of the AI future for companies including Apple, Tesla, Palantir and GM.  ( 19 min )

A grandfather clause is an exemption that allows people or entities to continue with activities that were approved before the implementation of new rules or laws.  ( 22 min )

An increase or decrease in taxes affects the economy and spending decisions of individuals in higher and lower income brackets.  ( 22 min )

Discover how online retailers can list certain expenses as a cost of goods sold (COGS) and even claim a tax deduction for them.  ( 22 min )

A press release is a newsworthy or informational article usually issued by a firm’s public relations department.  ( 22 min )

Purchasing power parity (PPP) compares economic growth and standards of living in different countries with a common currency/basket of goods approach.  ( 25 min )

Understand the meaning of capital expenditures (CapEx) and find out the implications for companies resulting from relevant tax laws.  ( 22 min )

"Mom-and-pop" is a colloquial term used to describe a small, family-owned or independent business. These types of operations often struggle to compete with more substantial establishments.  ( 24 min )

To build a successful business, you need more than a good—or even great—idea. Whatever type of business you have in mind, these nine essential tips can help you get it started and keep it growing.  ( 27 min )

The Small Business Administration (SBA) is a U.S. government agency established to promote and strengthen the overall economy by assisting small businesses.  ( 28 min )

The IRS has extended various tax deadlines for residents of Maui and Hawaii Counties, which were ravaged by wildfires last week.  ( 18 min )

U.S. equity markets were mixed in midday trading on Monday, Aug. 21, 2023 as tech stocks surged and Treasury yields rose.  ( 16 min )

Depending on how it's measured, the unemployment rate is open to interpretation. Learn how to find the real rate and how it affects everyone.  ( 27 min )

Shares in Napco lost 40% of their value after the company said its first three quarters would be restated after errors.  ( 17 min )

Proof of Capacity is a consensus mechanism that uses a mining node’s hard drive space to decide the mining rights on the blockchain network.  ( 20 min )

Materials manufacturer DuPont de Nemours Inc. (DD) has agreed to sell its 80.1% controlling stake in Delrin to private equity firm The Jordan Company in a deal valued at $1.8 billion.  ( 17 min )

The U.K.'s Competition and Markets Authority gave the green light for Broadcom's $69 billion purchase of VMware.  ( 17 min )

The companies may need regulatory approvals before making the purchase official  ( 16 min )

Mortgage rates held close to the 21-year highs they reached last week, with the 30-year average easing just a few basis points lower. All jumbo and ARM averages were flat.  ( 20 min )

A web version of Threads, Meta Platforms' chat-based social media app linked to Instagram, could launch as soon as this week, as executives aim to boost user engagement and signups.  ( 17 min )

A hashed timelock contract (HTLC) is a smart contract used in cryptocurrencies to configure time-bound contracts.  ( 21 min )

The public largely believes the Federal Reserve is responsible for how much inflation has cooled down over the past years—and that could be music to the ears of policymakers.  ( 18 min )

Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 19 min )

An incentive stock option (ISO) is an employee benefit that gives the right to buy stock at a discount with a tax break on any potential profit.  ( 22 min )

The volatility surface is a three-dimensional plot of stock option implied volatility seen to exist due to discrepancies in the stock market.  ( 22 min )

A line chart connects a series of data points with a line and is used by traders to monitor closing prices.  ( 22 min )

A Renewable Energy Certificate is proof of the production of one megawatt-hour (MWh) of electricity generated from a renewable energy resource.  ( 19 min )

Operating income and EBITDA are both important numbers when analyzing a company's earnings. However, they are different measures of profitability.  ( 20 min )

Embezzlement is a form of fraud wherein a person or entity intentionally misappropriates assets for personal use.  ( 24 min )

So you want to be a venture capitalist? Learn what it takes, where to start, and what kind of attitude you will need to take on the world of venture capitalism.  ( 26 min )

Consumers may not know they can shop for cheaper car insurance. This article features step-by-step instructions on how to evaluate and cut your costs.  ( 18 min )

Perfect competition is a concept in microeconomics that describes a market structure controlled entirely by market forces. If and when these forces are not met, the market is said to have imperfect competition.  ( 22 min )

Cost of goods sold and cost of sales both represent direct costs involved in production. However, some companies use one term rather than the other.  ( 18 min )

Understand how the relationship between short- and long-term interest rates contributes to an inverted yield curve—a noteworthy economic event.  ( 27 min )

Guaranteed life insurance doesn't require a medical exam or other health information, but it's more expensive than other kinds of insurance.  ( 21 min )

The S&P 500 posted a 0.7% gain to start the trading week on Monday, Aug. 21, 2023, boosted by strong performance from technology stocks.  ( 1 min )

U.S. equity markets were mixed in midday trading on Monday, Aug. 21, 2023 as tech stocks surged and Treasury yields rose.  ( 1 min )

Shares in Napco lost 40% of their value after the company said its first three quarters would be restated after errors.  ( 1 min )

Meta Platforms is planning to launch a web version of its Threads app and Palo Alto Networks posts a stronger-than-expected billings forecast on reception of its AI security platform. Here’s what investors need to know today.  ( 1 min )

Shares of COVID-19 vaccine makers including Moderna and Novavax surged on Monday after a report that the Biden administration plans to urge Americans to get booster shots for the fall, as new subvariants emerge and cases rise.  ( 1 min )

Permian Resources announced a $4.5 billion deal for rival driller Earthstone that it said will improve its position in the Delaware basin and accelerate shareholder returns.  ( 1 min )

Shares of Palo Alto Networks rallied after the company beat expectations for earnings on strong demand for the firm's cybersecurity services.  ( 1 min )

Materials manufacturer DuPont de Nemours Inc. (DD) has agreed to sell its 80.1% controlling stake in Delrin to private equity firm The Jordan Company in a deal valued at $1.8 billion.  ( 1 min )

The U.K.'s Competition and Markets Authority gave the green light for Broadcom's $69 billion purchase of VMware.  ( 1 min )

A web version of Threads, Meta Platforms' chat-based social media app linked to Instagram, could launch as soon as this week, as executives aim to boost user engagement and signups.  ( 1 min )

The companies may need regulatory approvals before making the purchase official  ( 1 min )

De prijs van een koophuis was in juli gemiddeld 0,5 procent hoger dan een maand eerder. Ook in juni was al sprake van een kleine stijging. De maanden daarvoor zakten de huizenprijzen juist iets. Dat blijkt uit cijfers van statistiekbureau CBS en het Kadaster.  ( 4 min )

De iconische uitspraken "It's-a me, Mario" en "Mamma mia" in Super Mario zullen binnenkort wellicht anders klinken. De stem achter Mario, Charles Martinet, houdt er namelijk mee op.  ( 3 min )

Wie zijn fatbike wil verzekeren, kan vanaf volgende maand niet meer bij de ANWB terecht. De bond stopt op 6 september voorlopig met het aanbieden van verzekeringen, omdat de elektrische fietsen met dikke banden aan de lopende band worden gestolen.  ( 3 min )

Wie naar een woning een paar straten verderop verhuist, kan zomaar honderden euro's extra kwijt zijn aan een autoverzekering. Dat blijkt uit onderzoek van vergelijkingssite Geld.nl.  ( 3 min )

Beleggers willen nog steeds van hun Adyen-aandelen af. Op de Amsterdamse beurs zakte de koers maandagochtend zo'n 5,5 procent, nadat Adyen donderdag en vrijdag ook al flink minder waard was geworden.  ( 3 min )

De prijs voor aardgas is maandagochtend hard opgelopen. Handelaren moesten op een bepaald moment zelfs 18 procent meer betalen voor een megawattuur. Oorzaak hiervan zijn mogelijke stakingen bij productielocaties in Australië.  ( 3 min )

Vattenfall verlaagt per 1 oktober de energietarieven voor een deel van zijn klanten. Dit komt doordat het bedrijf zijn stroom en gas zelf goedkoper kan inkopen. Huishoudens gaan er volgens de leverancier gemiddeld zo'n 95 euro per jaar op vooruit.  ( 4 min )

De Chinese centrale bank heeft voor de derde keer in drie maanden de rente verlaagd. Peking hoopt dat Chinezen daardoor hun geld weer laten rollen en ook dat bedrijven meer gaan investeren. Dit moet de zwakke economie op de rails krijgen.  ( 3 min )

Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 12 min )

Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 11 min )

Het communicatienetwerk C2000 van de politie kampt met zoveel problemen, dat er vroeg of laat slachtoffers gaan vallen. Daarvoor waarschuwt een klokkenluider. Politieagenten op straat kunnen in crisissituaties niet op het netwerk vertrouwen.  ( 11 min )

The warehouse club model pioneered by Costco has proven to be a winner even as the company ignores conventional marketing and advertising tactics.  ( 23 min )

Take a closer look at the ProShares UltraPro QQQ Short ETF, a small, inverse-leveraged ETF that relies on a poor performance from the Nasdaq stock exchange.  ( 21 min )

Used-car leases are rarer than leases on new cars, but they can be a viable option, especially if you’re looking to save some money.  ( 17 min )

SR-22 'insurance' is a certificate your state may require if your driver's license has been suspended or revoked and you want to get it reinstated.  ( 22 min )

Changes in the inflation rate can present challenges for investors as well as consumers. Learn how to turn these challenges into opportunities.  ( 28 min )

Learn about economies of scope and economies of scale, the differences between them, and how they offer cost advantages to companies.  ( 24 min )

Corporate bonds can provide compelling returns even in low-yield times. But they are not without risks.  ( 21 min )

If you're considering investing in China and want to know when to buy, sell, hold or stay away, consider these economic indicators.  ( 20 min )

Some economists theorize that the crowding-out effect negates the multiplier effect induced by government stimulus spending. Learn more about how this happens.  ( 21 min )

LIBOR is a crucial benchmark reference rate with global economic impact.  ( 21 min )

Learn why interest rates are one of the most important economic variables and how every individual and business is affected by rate changes.  ( 19 min )

Liberalization of countries in emerging markets provides new opportunities for investors to increase their diversification and profit.  ( 21 min )

Learn about the origins of the law of supply and demand, an important economic principle that's centuries old but still affects today's economy.  ( 22 min )

Vision insurance covers expenses such as eye exams, contact lenses, eyeglass lenses, and frames. Learn about vision insurance costs and availability.  ( 21 min )

Public infrastructure spending is a popular policy tool intended to boost the economy, but it may only be effective in certain circumstances. Learn when it works.  ( 27 min )

Miners, hashes, keys, cold storage, blocks—it can all get confusing. Learn more about it all so that you can understand how Bitcoin works beyond a wallet.  ( 25 min )

A review of how immigration affects wages (especially for low-skilled jobs), productivity, government revenue, and the aging of America.  ( 25 min )

From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.  ( 26 min )

In finance, the acronym "FANG" refers to the stocks of four technology companies: Facebook (META), Amazon (AMZN), Netflix (NFLX), and Google (GOOG).  ( 22 min )

The American Land Title Association is a trade association representing the title insurance industry, seeking to improve industry oversight.  ( 19 min )

Collision insurance is auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.  ( 17 min )

A media kit is a package of information a company assembles to provide reporters or other interested parties with basic information about itself.  ( 21 min )

No-fault auto insurance can cover your medical bills after an accident. Learn how no-fault insurance works and which states require it.  ( 22 min )

Darknet markets, or cryptomarkets, are sites on the dark web offering illicit goods that can be purchased anonymously.  ( 19 min )

Here's how to determine the fair market value of a currency that has appreciated faster than the shares of even the hottest technology stocks.  ( 21 min )

Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.  ( 23 min )

An irrevocable beneficiary has guaranteed rights to assets in an insurance policy or a segregated fund.  ( 23 min )

Find out which developed-market ETFs manage the greatest asset base, and why major U.S. equity-only funds are not included in the calculation.  ( 19 min )

On the Nasdaq, the delisting process is set in motion when a company trades for 30 consecutive business days below the minimum bid price or market cap.  ( 25 min )

Credit cards are a source of stress as balances creep up for nearly three in four (73%) consumers.  ( 18 min )

The recent rising prices of online streaming entertainment services may render them equal to–or less affordable than–traditional cable or satellite packages.  ( 18 min )

Beyoncé's Renaissance World Tour could make Beyoncé the highest-grossing female artist of all time. Here is how she makes her millions.  ( 21 min )

Yearly renewable term plan of reinsurance transfers mortality risk from an insurer to a reinsurer through a process of cession.  ( 20 min )

Negative cash flow from investing activities could be a warning sign or a sign of future growth. Here's how to tell which it is.  ( 22 min )

Homeowners have many options when it comes to insurance and it's best to obtain multiple quotes on homeowners insurance before securing a new policy.  ( 21 min )

Sovereign default is the failure of a government to repay its country's debts. Foreign lenders have little chance of recouping their money when a nation defaults.  ( 27 min )

China owns more than $859.4 billion in U.S. debt. That's less than the U.S. debt owned by Japan and represents about 2.6% of the total U.S. debt. Learn more.  ( 23 min )

Franchise cover is a reinsurance plan whereby the claims from a number of policies are aggregated to form a reinsurance claim.  ( 18 min )

The warehouse club model pioneered by Costco has proven to be a winner even as the company ignores conventional marketing and advertising tactics.  ( 23 min )

Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers – Warren Buffett. Buffett’s stock picks are a popular source of inspiration for investors, and for good reason. His formidable stock-picking ability has given him the nickname ‘the Oracle of Omaha’ and a fortune of ~$117 billion, making him one of the richest people in the world. His firm, Berkshire Hathaway, is also  ( 35 min )

Take a closer look at the ProShares UltraPro QQQ Short ETF, a small, inverse-leveraged ETF that relies on a poor performance from the Nasdaq stock exchange.  ( 21 min )

Federal Chairman Jerome Powell will speak Friday at the Federal Reserve Bank of Kansas City's Economic Policy Symposium in Jackson Hole, Wyo.  ( 26 min )

The People's Bank of China is expected to cut interest rates on Monday, but it may have to throw caution to the wind and 'go big' if it is to soothe the nervousness and concern around China currently sweeping through financial markets. The Chinese central bank's policy decision is one of three in Asia for investors to take in this week, with the Bank of Korea and Bank Indonesia both expected to keep interest rates on hold on Thursday.  ( 31 min )

Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.  ( 27 min )

Carey Mendes, a former oil executive leading’s Nikola’s pursuit of a hydrogen distribution network, has resigned. The post Nikola’s energy president resigns appeared first on FreightWaves.  ( 32 min )

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(Bloomberg) -- For years, cryptocurrency startups have tried to replicate parts of the US stock market on the blockchain for use by digital-asset investors around the world, often without worrying too much about getting approval from regulators first. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityBond Bulls at JPMorgan, Allianz Double Down on Bet Gone BadRolls-Royce Debuts Droptail Roadster, Price  ( 32 min )

Separating the financial haves from the have-nots is often more about getting these basics right, according to a McKinsey & Co. report.  ( 32 min )

The Federal Reserve's Jackson Hole Economic Policy Symposium begins on Thursday. Plus, earnings from Lowe's, Nvidia, Dollar Tree, Intuit, and Ulta Beauty.  ( 27 min )

Buying has become more expensive than renting for the first time in 13 years for would-be homeowners.  ( 31 min )

Here's how to determine the fair market value of a currency that has appreciated faster than the shares of even the hottest technology stocks.  ( 21 min )

(Bloomberg) -- Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up on government bonds this year in a bold bet that would atone for the punishing losses suffered in 2022. Most Read from BloombergChina Urges More Loans, Debt Risk Reduction as Woes CompoundRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksA  ( 34 min )

Here are the differences between two of the largest mutual fund families, American Funds and The Vanguard Group, and how their returns match up.  ( 23 min )

Walmart's grocery business boosted its other categories. Don't rush to conclusions though when it comes to Target.  ( 33 min )

A judge has ordered Starbucks to pay an additional $2.7 million to a former regional manager earlier awarded more than $25 million after she alleged she that and other white employees were unfairly punished after the high-profile arrests of two Black men at a Philadelphia location in 2018. In June, Shannon Phillips won $600,000 in compensatory damages and $25 million in punitive damages after a jury in New Jersey found that race was a determinative factor in Phillips’ firing, in violation of federal and state anti-discrimination laws. The Philadelphia Inquirer reports that U.S. District Judge Joel Slomsky on Wednesday also ordered Starbucks to pay Phillips another $2.73 million in lost compensation and tax damages, according to court documents.  ( 32 min )

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Old Dominion Freight Line’s proposal outbids rival Estes Express, stepping up the competition for a network of 169 terminals.  ( 27 min )

Fed Chair Jerome Powell's speech and Nvidia's quarterly update will provide investors with a closer look at what's next in the fight against inflation and the artificial intelligence boom.  ( 34 min )

We are a dual-income couple in our mid-50s with over $2 million in our 401(k)s. Should we "sacrifice" the pre-tax benefit and switch to Roth contributions at work? -Wendy Like most tax-related questions, the answer is "it depends." Based on … Continue reading → The post Ask an Advisor: We're in Our Mid-50s and Have $2 Million in Our 401(k)s. Should We Pivot to Roth Contributions? appeared first on SmartAsset Blog.  ( 34 min )

Conventional wisdom dictates that a US recession is imminent, either during the second half of this year or the first half of the next. But just how much should we credit that? While there are economic headwinds in play, we should also remember that the pace of inflation is easing, unemployment remains low, and the second quarter earnings season showed a high proportion of surprises to the upside. If it’s not a completely rosy picture, it’s far from doom and gloom. And in the eyes of Goldman Sac  ( 35 min )

Chris Miller shares how he saved enough money to retire early and his best advice for those looking to do the same.  ( 33 min )

(Bloomberg) -- Equity traders reeling from the market’s worst stretch since February face some pivotal events in the days ahead, and a closely watched speech by Federal Reserve Chair Jerome Powell may not even be the biggest test of all.Most Read from BloombergRolls-Royce Debuts Droptail Roadster, Priced at Over $30 MillionChina Urges More Loans, Debt Risk Reduction as Woes CompoundUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksRussia’s Luna-25 Lander Fails to Enter Pre-Landing  ( 33 min )

“If I wanted to work long hours, I’d be at a startup,” the twenty-something says.  ( 35 min )

Generation Investment, chaired by former Vice President Al Gore, bought Applied Materials stock, and sold Salesforce, Mastercard, and Schwab stock in the second quarter.  ( 27 min )

Disney's size was once its strength. Now it's under scrutiny.  ( 35 min )

The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now.  ( 27 min )

Energy stocks are up big recently. In July alone, the Energy Select Sector SPDR Fund (XLE) gained 7.8%.  ( 32 min )

Adobe, Inc. (ADBE) shares have jumped 51% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )

California regulators have made investing in solar power less attractive. But if you're the typical energy user, it still makes long-term financial sense to do so.  ( 41 min )

Higher productivity and increased deficits could raise the ‘neutral’ rate of interest, limiting Fed cuts.  ( 26 min )

Bond investors say the summer selloff in U.S. Treasury debt is providing the best buying opportunity in years.  ( 34 min )

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‘Big Short’ hero Michael Burry sees disaster and—eventually—he’ll get it right again.  ( 25 min )

Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast makes a splash in its market debut; Tesla cuts prices in China; and Mullen continues to fight delisting.  ( 33 min )

Affordability was a topic of conversation even before the pandemic, but buying a house back then looks downright pleasant in hindsight.  ( 27 min )

The latest reading, 5.8%, set off alarm bells in some quarters. But the model estimate is likely to be revised sharply lower as new data are reported.  ( 26 min )

Mitra Chem has landed a heavy hitting partner as it tries to get its tech in more electric vehicles.  ( 13 min )

The opening will test a new format that the Swedish furniture company is rolling out globally—a pared-back store aimed at casual shoppers and office workers.  ( 22 min )

(Bloomberg) -- At any other time in history, the current state of the global diesel market would have sent some countries into a panic. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemBama Rush Has Students Showcasing $20,000 Outfits on TikTokAll over the world, pric  ( 33 min )

Dynasty trusts can shield wealth before the Trump tax cuts expire.  ( 21 min )

As companies are shifting their sourcing and logistics networks, it is changing the way transportation providers will have to manage their own businesses. The post Border town boom is realigning the freight market appeared first on FreightWaves.  ( 32 min )

Bedrijven in de industrie kregen in het tweede kwartaal een stevige omzetdaling voor de kiezen. De inkomsten daalden gemiddeld met 7,5 procent, de grootste daling sinds coronajaar 2020. Dat meldt statistiekbureau CBS.  ( 3 min )

Britse politieagenten kunnen voortaan tijdens het werk een gratis kop koffie halen bij winkelketens John Lewis en Waitrose. Zo hopen de ketens politie richting winkels te lokken en winkeldieven af te schrikken. De agenten moeten wel herbruikbare bekers meenemen.  ( 3 min )

De mobiele app van supermarktketen Albert Heijn werkt weer. Eerder op zondag hadden appgebruikers last van een storing, waardoor de Bonuskaart niet goed functioneerde. Die storing is inmiddels voorbij.  ( 2 min )

Klanten van Albert Heijn kunnen last hebben van een technische storing in de mobiele app van de supermarktketen. Een aantal functies werkt daardoor niet, zegt een woordvoerder van Albert Heijn.  ( 3 min )

De Italiaanse nationale spoorwegmaatschappij FS wil de concurrentiestrijd aangaan op het Europese spoor. Het spoorbedrijf wil ook trajecten uitzetten richting Amsterdam.  ( 3 min )

De persoonsgegevens van bijna 76.000 medewerkers van de elektrische autofabrikant Tesla zijn gelekt naar de Duitse zakenkrant Handelsblatt.  ( 3 min )

The first written insurance policy dates back nearly 4,000 years. Here is how insurance came into being and how it evolved from there.  ( 23 min )

Corporate reimbursement coverage protects a company against losses resulting from legal action against its directors and officers.  ( 19 min )

Cryptographic hash functions combine message-passing capabilities with security properties. It is used in many applications, from database security to cryptocurrency.  ( 21 min )

Bank-owned life insurance (BOLI) is bought by banks as a tax shelter, leveraging tax-free savings provisions to fund employee benefits.  ( 24 min )

A surplus share treaty is reinsurance in which the ceding insurer retains a fixed amount of liability and the reinsurer takes the remaining liability.  ( 19 min )

Here's a look at some of the positive and negative aspects of national lotteries.  ( 25 min )

When calculating GDP using the income approach, all expenditures in an economy should equal the total income from the production of goods and services. Learn how.  ( 21 min )

The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.  ( 24 min )

Learn about the elements of the capital asset pricing model, and discover how to calculate a company's cost of equity financing with this formula.  ( 21 min )

Lenders charge borrowers a commitment fee as compensation for keeping a line of credit open or to guarantee a loan at a specific date in the future.  ( 20 min )

Read these insightful tips on how to get a picture-perfect summer rental home at a great price. Don’t spoil your fun by leasing the wrong type of accommodations.  ( 24 min )

Traders rejoice when the Fed drops the rate, but is it good news for all? Find out here.  ( 24 min )

A bank reconciliation statement summarizes banking activity, allowing individuals and companies to compare their own records with the bank’s records.  ( 26 min )

This rate is rarely questioned—unless the economy falls into disarray.  ( 22 min )

Some businesses are slowing capital expenditures and pulling back on taking out credit as a result of the Federal Reserve's cycle of rate hikes—showing all may be going according to policymakers' plans to slow inflation.  ( 17 min )

The real GDP number is adjusted to remove the effects of inflation, so it is a more accurate gauge of the nation's real output of goods and services.  ( 24 min )

Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.  ( 24 min )

A contingent commission is a commission paid to an intermediary by an insurance or reinsurance company with a value dependent on an event occurring.  ( 19 min )

The Comptroller General is a high-ranking accounting position in the U.S. government who sets and oversees accounting policy.  ( 19 min )

Find out how price inelasticity of demand shows the relationship between demand and price when the price of an inelastic good is either lowered or raised.  ( 23 min )

A run on the fund is a situation where a hedge fund faces increasing redemptions, causing the fund managers to sell positions to meet the withdrawals.  ( 19 min )

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China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.  ( 33 min )

(Bloomberg) -- It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended by top central bankers from around the world. And as usual, everyone is wondering in particular just what Fed Chair Jerome Powell — who’s expected to speak Friday morning — might have to say.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkMercedes-Benz Unveils the New Ge  ( 35 min )

(Bloomberg) -- The highest long-term Treasury yields in years are headed for a major hearing next week as investors place their bids for two risky auctions — right before the Federal Reserve’s potentially game-changing annual gathering at Jackson Hole.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpCohn and Summers Talk Trump, China and M  ( 32 min )

One of the most challenging parts of investing is deciding what to do when the companies you own are doing well but the share prices reflect a different scenario. Wall Street is often forward looking, so it's quick to react to news that will affect companies six or more months down the road. This has been evident the last few days for real estate investment trusts (REITs), as the Federal Reserve continues to talk tough on inflation and traders wonder what the effects will be on commercial proper  ( 35 min )

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Cuban balked at Uber’s cofounder valuing the startup at $10 million.  ( 32 min )

Lawsuit accuses website of deception as it allows travelers to book typically cheaper connecting flight and get off after first leg  ( 31 min )

A court filing shows that Old Dominion swooped in at the last minute, entering a base bid of $1.5 billion for now-defunct Yellow’s terminals. The post Old Dominion ups ante with $1.5B bid on Yellow’s terminals appeared first on FreightWaves.  ( 31 min )

Warren Buffett’s Berkshire Hathaway now owns roughly 5.7 million shares of D.R. Horton, the largest homebuilder in the U.S., despite headwinds threatening the industry including rising mortgage rates.  ( 32 min )

Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: ArcelorMittal considers acquiring US Steel, Intel and Tower Semiconductor terminate the acquisition, Arena Group announces strategic expansion with Bridge Media Networks, and merger deals at Energy Transfer and Crestwood Equity, and Ball’s aerospace business and BAE Systems. InvestingPro subscribers got this news first.  ( 33 min )

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Short-term Treasury bills, which yield more than 5.4%, still look like an investor’s better income bet.  ( 27 min )

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With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.  ( 29 min )

We gained additional income and didn't withhold enough on our Form W-4. We are currently not putting money into a retirement account but have access to a 401(k) through our employer. Would we be able to correct our withholding deficit … Continue reading → The post Ask An Advisor: What Midyear Moves Will Cut Our Tax Bill? appeared first on SmartAsset Blog.  ( 33 min )

As a financial advisor, you may dedicate a lot of your time to helping clients create a workable retirement plan. However, it's also important to consider what your personal exit strategy might look like once you're ready to retire. Succession … Continue reading → The post Succession Planning Tips for Financial Advisors appeared first on SmartAsset Blog.  ( 34 min )

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The number of people with $1 million or more saved in their 401(k) accounts leapt 10% from April to the end of June, according to Fidelity Investments.  ( 33 min )

Entrepreneur Roberto Colaninno, chairman and CEO of scooter maker Piaggio and one of Italy's best-known dealmakers, has died, his investment company IMMSI said on Saturday. Colaninno was a central figure in the country's industrial landscape who managed to turn around a number of failing companies, but also left a mixed corporate legacy. He is most famous for his surprise $58 billion leveraged buyout of Telecom Italia in 1999, at the time the world's largest hostile takeover.  ( 32 min )

Companies have been busy reshuffling their C-suites as they work through restructuring, turnaround plans, and COVID-19 aftershocks.  ( 34 min )

In the past two years, those receiving Social Security have seen large cost-of-living adjustments that can help. Many wonder what's next in 2024?  ( 35 min )

Yields are close to their highest level in years. Investors can bolster portfolios with bonds with the potential for both high income and capital gains.  ( 26 min )

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For the first time in years, investors are earning robust returns on cash.  ( 27 min )

The Danish self-starter convinced her McKinsey colleagues to toss in the towel on their consultancy careers and launch a business together in 2007. Now she’s the CEO of the fastest-growing sustainable food app.  ( 34 min )

(Bloomberg) -- At the start, the job looked like a well-paid role in finance. It ended with a $10,000-a-month drug habit and a cell in a German prison.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a RecessionBig Tech Logs Year’s Longest Weekly Losing Streak: Markets WrapThat’s the sto  ( 35 min )

Learn more about passive, quasi-passive, immunization, and active bond strategies and how you can put them to work for your portfolio.  ( 24 min )

Hours before a Norfolk Southern train derailed in Ohio and erupted in fire in February, a judge ruled a former railroad employee could proceed with a lawsuit claiming he had been harassed for years by managers who said he reported too many flaws in rail cars he inspected and had his job changed after reporting an injury. Richard Singleton’s case against Norfolk Southern was settled for an undisclosed amount after the judge said he had enough evidence to go to trial over whether he was disciplined for reporting safety violations that slowed trains passing through a Macon, Georgia, railyard. The settlement provided relief for Singleton, but does little for residents near East Palestine, Ohio, who worry about possible health effects from the accident's toxic blaze.  ( 34 min )

The S&P 500 and Nasdaq Composite both notched their third consecutive week of declines.  ( 31 min )

Millions of shoppers agree: It’s OK to eat supermarket sushi.  At U.S. retailers, sales are up over 70% in the past year.  ( 21 min )

James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid.  ( 29 min )

(Bloomberg) -- From the financial crisis to Russia’s invasion of Ukraine, Britain has borrowed and spent its way out of every jam. The bill for that is becoming a worry all its own. Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksMercedes-Benz Unveils the New Generation of Its Brawny AMG GT Sports CarRussia’s Luna-25 Lander Fails to Enter Pre-Landing Orbit of MoonVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkRolls-Royce Debuts Droptail Road  ( 34 min )

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Several indicators that pointed to upside for U.S. stocks this year have shifted to a more neutral outlook, potentially leaving equities vulnerable to turbulence from a recent surge in bond yields and worries over China’s economy, investors said. Some investors watch so-called contrarian indicators to gauge the market's mood, with extreme pessimism thought to be a good sign to buy and vice versa. At the start of the year, measures such as stock positioning and allocations to cash showed extreme bearishness, reflecting investors' grim outlook following a brutal selloff in 2022 and expectations of a recession in the second half of this year.  ( 33 min )

The Arizona layoffs at CVS come after the health giant announced plans to cut 5,000 corporate jobs across the company. #phoenix $CVS  ( 11 min )

Nederland huisvest een van de grootste internetknooppunten ter wereld en is een draaischijf in de digitale wereldeconomie. We zijn daardoor een goede vestigingslocatie voor internetbedrijven met hun datacenters. Die koppositie kost veel energie, maar volgens de datacenters is dat gelukkig meestal groene.  ( 4 min )

Het Russische besluit om weg te lopen bij onderhandelingen over de graandeal raakt de Oekraïense economie. In de eerste maand na het klappen van de deal exporteerde het land een derde minder graan.  ( 4 min )

Het is binnenkort niet meer mogelijk om accounts te blokkeren op het socialemediaplatform X (voorheen Twitter). Het zou nog wel mogelijk zijn om privéberichtjes tegen te houden.  ( 4 min )

Al wekenlang is het onrustig rondom koopjesketen Big Bazar. Rekeningen worden niet betaald, winkels gaan dicht en verhuurders stappen naar de rechter. Wat is er aan de hand met de discounter?  ( 4 min )

Komend studiejaar keert de basisbeurs weer terug, maar een vetpot is het niet. Studenten balen ervan dat de basisbeurs nog lager is dan die van voor het leenstelsel. Maar volgens deskundigen is het helemaal niet de bedoeling dat een studiebeurs alle kosten van studenten dekt.  ( 7 min )

Chinese ecommerce giant JD.com reported profit and sales that beat analysts' estimates, as the retailer enticed customers with lower-priced offerings amid an economic downturn in China.  ( 1 min )

Learn what current liabilities are, and find out how to calculate total current liabilities in Microsoft Excel.  ( 17 min )

Coming up next week: retail earnings, updates on home sales, and the Jackson Hole Economic Symposium.  ( 19 min )

Credit cards can be one of the major influences on your credit score, and how you use them can either help your score or hurt it. Here is what you need to know.  ( 23 min )

Find out how involuntary unemployment credit card insurance (IUCC) can cover your minimum payments if you're laid off and whether it is worth the cost.  ( 23 min )

Learn what this phrase means and how to spot it in a company's financial statements.  ( 20 min )

Today's CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good time for a CD?  ( 18 min )

Peercoin is an alternative cryptocurrency launched in 2012. Peercoin is based on the bitcoin framework.  ( 20 min )

Proof of elapsed time (PoET) consensus algorithm follows a true lottery system and allows for more efficient use of the blockchain network's resources.  ( 22 min )

Non-qualified deferred compensation plans can allow top-earning employees to delay taxes on their earnings, using life insurance for funding. Here's how this strategy works.  ( 21 min )

Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 19 min )

The S&P 500 ticked down just 0.01% and was little changed on Friday, Aug. 18, 2023, closing out a week of losses after mixed reactions to the latest earnings reports.  ( 16 min )

A revoked IRA is a retirement savings account that is canceled by the account holder seven days or less after it was established.  ( 23 min )

A public company must file its earnings after the end of its first three quarters, and its quarterly and annual earnings after its fiscal year ends.  ( 21 min )

Bitcoin Pizza Day: the day Laszlo Hanyecz bought two pizzas for 10,000 Bitcoins.  ( 17 min )

An inverse volatility exchange-traded fund (ETF) is a financial product that allows investors to bet on market stability without having to buy options.  ( 19 min )

A franchisee is a small business owner who purchases the right to use an existing business's trademarks, brands, and proprietary knowledge.  ( 22 min )

Life insurance carriers offer two main benefits to insured individuals when a transfer of risk occurs: death benefit proceeds and cash value savings.  ( 20 min )

A Merkle root contains information about every single transaction hash that ever was on a particular block in a blockchain.  ( 19 min )

Off-chain transactions occur outside of the blockchain network and provide a low-cost, instant transaction medium for the cryptocurrency.  ( 18 min )

Here are step-by-step instructions for filing a reimbursement claim for insurance on your pet.  ( 22 min )

Admitted insurance is purchased from an insurance company that has been formally admitted or licensed to operate by the state insurance agency.  ( 18 min )

Cryptocurrency regulation is still spotty or nonexistent but there are some potential pitfalls that investors should watch out for.  ( 23 min )

In aggregate stop-loss reinsurance, losses over a specified amount during the contract period are covered by the reinsurer and not by the insurer.  ( 18 min )

With the plethora of digital currency exchanges, how can an investor choose the right one? Take the steps to find the best exchange for your crypto needs.  ( 24 min )

Concurrent causation is a legal doctrine related to losses from more than one cause, and when one has coverage and the other does not.  ( 19 min )

Maintenance expenses are costs incurred to keep an item in good condition. Apartments, homes, and condominiums have expenses, but who pays them?  ( 19 min )

The bitcoin price dropped below $26,000 this week amid decreased activity in the market, the growing crisis in China's property sector, and a report that SpaceX has sold at least some of its bitcoin holdings.  ( 18 min )

Gold has long been the investor's choice for storing value. Bitcoin is gaining investor interest for the same purpose. Which Is better?  ( 24 min )

Ross, TJX, and other off-price retailers have benefited from strong inventories of premium products and discounted prices.  ( 19 min )

U.S. equities were mixed at midday on Friday, Aug. 18, 2023, amid concerns about China’s property market after Chinese real estate giant Evergrande filed for Chapter 15 bankruptcy protection.  ( 16 min )

A waiver of subrogation clause is important to include in a lease agreement and benefits both the landlord, tenant, and any other business relationship.  ( 20 min )

Chip tool maker Applied Materials reported sales that beat forecasts and raised its guidance on demand for AI chips.  ( 17 min )

Litecoin (LTC) is a cryptocurrency that shares features with Bitcoin but runs a different mining algorithm. It also has a higher coin supply and lower transaction costs.  ( 24 min )

In recent earnings calls, some leaders said they expected a recession, while others said the economy was still resilient.  ( 20 min )

Chinese automaker Xpeng saw its shares slide after a record quarterly loss, driven by increased competition and margin deterioration.  ( 17 min )

Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 29 min )

Rates on 30-year mortgages climbed to again hit their highest level since 2002. Rates were up on almost every loan type, including a new record for the jumbo 30-year average.  ( 22 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 24 min )

The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 27 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 26 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 30 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 18 min )

Stagflation is the coincidence of weak growth and elevated inflation evident in the 1970s that required monetary policy changes by the Federal Reserve.  ( 26 min )

Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 18 min )

While entertaining multiple offers for financing, bankrupt trucking company Yellow has accepted Estes Express's $1.3 billion stalking horse bid for its shipment centers.  ( 18 min )

Fueling fears of a deepening property crisis in China, Evergrande filed for Chapter 15 bankruptcy protection to manage its debt under its massive restructuring process.  ( 18 min )

MiFID II is a European Union packet of financial industry reform legislation, instituted to regulate financial markets that replace MiFID.  ( 21 min )

An Anderson Economic Group report shows that a 10-day United Auto Workers strike could hit the economy harder than past strikes due to lower inventory levels.  ( 19 min )

A board of directors (BofD) is the governing body of a company that is elected by shareholders to provide guidance, set strategy, and oversee management.  ( 26 min )

Applied Materials shares climb after boosting its forecast on rising demand for AI computing and internet-connected devices, while ADRs of Chinese EV maker XPeng slide after a decline in deliveries. Here’s what investors need to know today.  ( 18 min )

A treasury bond is a marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years and which pays periodic interest payments.  ( 25 min )

For many emerging economies, issuing sovereign debt is the only way to raise funds, but things can go sour quickly.  ( 24 min )

Everything you need to know about homeowners insurance, from what it covers to how rates are determined.  ( 30 min )

Financial exposure is the amount that an investor can potentially lose in an investment and is an alternate name for financial risk.  ( 21 min )

Trading commodities can seem challenging to a novice trader. We break down how to invest in them.  ( 26 min )

The Herrick Payoff Index tracks price, volume, and open interest to identify potential trends and reversals in futures and options contracts.  ( 20 min )

An excess judgment loss is the additional amount that an insurer must pay above the policy limit.  ( 19 min )

Bazooka Candy Brands, maker of the popular bubblegum, has been sold for $700 million to a private equity firm.  ( 30 min )

Around $400 billion of debt assets are considered to be in "pre-distress," while $150 billion are "deeply distressed," Bank of America said.  ( 33 min )

With the yield on the 10-year U.S. Treasury note hitting 4.25%, stocks have competition from bonds in a way they haven’t for a decade and a half.  ( 40 min )

If retail inflation gets stuck around 3%, as seems increasingly likely, interest rates will continue to rise. That’s bad news for investors.  ( 27 min )

Following the market’s opinion about fashionable footwear leads a longtime New Balance wearer to Swiss sneaker maker On Holding.  ( 27 min )

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(Bloomberg) -- Cybersecurity firm Palo Alto Networks Inc. surged after projecting stronger billings for the year than Wall Street anticipated, easing fears that a slowdown in demand may weigh on results. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBitcoin Calm Shatters With Sudden Tumble, Mass Liquidations‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateBig Tech Logs Year’s Longes  ( 32 min )

Bitcoin took a sharp leg down to the $25,000 level as investors speculated about SpaceX's holdings, but there may be another major headwind for cryptocurrencies — rising bond yields.  ( 30 min )

Today's CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good time for a CD?  ( 20 min )

The global coal trade is thriving, with dry bulk ships busy carrying the loads. As the West consumes less coal, Asia buys even more. The post There’s more coal being shipped by sea than ever before appeared first on FreightWaves.  ( 34 min )

Today's best CD rates are 5.75% APY from MapleMark Bank for 1 year, 5.65% APY from Dow Credit Union for 3 months, and 5.56% APY from TotalDirectBank.  ( 21 min )

Here are some of the major companies whose stocks moved on the week’s news.  ( 26 min )

Moderna and BioNTech are no longer minting money from Covid vaccines. But both have strong drug pipelines and plenty of cash.  ( 26 min )

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The company's profit guidance for the quarter and fiscal 2024 topped analyst forecasts. The revenue outlook came in light.  ( 26 min )

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The owner of Peet’s Coffee is renaming a major brand, rejiggering supply chains and hitting back at those who say it should exit the country.  ( 26 min )

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Utilities are supposed to be a staid investment.  ( 27 min )

(Bloomberg) -- Sacks Parente Golf Inc. ended its first week of trading lower, just days after notching the best debut of an initial public offering on a US stock exchange this year.Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding  ( 32 min )

(Bloomberg) -- Hawaiian Electric Industries Inc. shares notch the worst weekly drop in at least four decades on concern it may be responsible for the fires that ravaged the island of Maui, with Wells Fargo’s analyst warning the possible liabilities could be large enough to wipe out the value of its utility arm. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble  ( 32 min )

(Bloomberg) -- Volatility in the world’s biggest bond market has finally caught the attention of investors on Wall Street who’ve been plunging into stocks all year. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself on Avoiding a Recession‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to Proliferate  ( 34 min )

Stocks continued an August swoon on Friday.  ( 31 min )

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Cleveland-Cliffs Inc. rocked the steel and investing worlds on Sunday with its nearly $8 billion offer to acquire United States Steel Corp.  ( 11 min )

“We have no choice, we have to sell. As a matter of fact, I just put my house on the market 10 minutes ago,” one resident told NBC6.  ( 31 min )

“It's almost guaranteed to be wrong," the GMO co-founder told Bloomberg of the Fed's soft landing forecast Thursday. "They have never called a recession."  ( 32 min )

(Bloomberg) -- The expanding supply of Treasury debt, while driving yields to the highest levels of the year, is also aggravating a shortage of five-year notes in advance of the next auction. Most Read from BloombergVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkGlobal Stock Managers on Guard as China Pain Set to SpreadChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkBitcoin Calm Shatters With Sudden Tumble, Mass LiquidationsJeremy Grantham Says Fed Is Kidding Itself o  ( 31 min )

Investors should take note any time a money manager with more than $7 trillion in assets does something new.  ( 27 min )

American oil producers have fewer rigs actively drilling than at any point since the first days of the Ukraine war, suggesting they are pessimistic about prices. U.S. drillers had 520 rigs up and running this  ( 22 min )

The team includes top-ranked advisor Leslie Lauer.  ( 26 min )

For decades, the U.S. dollar has held the esteemed position as the world's primary reserve currency. But according to Lynette Zang, chief market analyst for ITM Trading, this longstanding dominance is on shaky ground. "The days of the dollar being the world reserve currency are fast coming to a close," she said in a recent interview with Stansberry Research. Zang explained that the shift began back in 2002 when the Federal Reserve "first had to buy" U.S. debt. This act suggested that the world w  ( 32 min )

It must have sounded like a good idea at the time, but Anheuser-Busch’s (NYSE:BUD) decision to run a promotional campaign for its Bud Light beer with the help of transgender ‘influencer’ Dylan Mulvaney backfired spectacularly. Conservative America did not like that idea at all, and decided to boycott the drink, thereby no longer making it the US’s best-selling beer. As sales plummeted in the wake of the controversy, BUD shares went into a tailspin, falling by 20% in May with the company also lay  ( 32 min )

California Blue Shield's unbundling of pharmacy benefits services may not spell total loss for Big 3 PBM industry.  ( 34 min )

California Blue Shield's unbundling of pharmacy benefits services may not spell total loss for Big 3 PBM industry.  ( 34 min )

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US Treasury prices have tanked in 2023, with investors fretting about the Federal Reserve's interest-rate hikes.  ( 30 min )

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Wall Street is betting that the proration will be about 30%, meaning that participating J&J holders will get 30% of their stock converted into Kenvue.  ( 37 min )

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“About a third of homebuilders in Florida are saying that buyers’ concerns about insurance availability and costs are somewhat slowing sales.”  ( 33 min )

If you're looking for the best high-yield money market accounts, shop around and compare options from multiple banks and credit unions.  ( 32 min )

An unsolicited bid for US manufacturing stalwart US Steel has set off a potential reshuffling of a classic American industry.  ( 34 min )

"The financial impact associated with the partial termination of the Blue Shield of California contract is not expected to have an impact to our previously issued 2023 guidance and is expected to have an immaterial impact on our longer-term outlook," CVS said  ( 9 min )

Walmart has upended the grocery business, and smaller rivals are struggling to survive.  ( 34 min )

Broadcom and Marvell Technology will win big time from custom chip design, according to analyst Harlan Sur.  ( 34 min )

Stocks were set to continue an August swoon on Friday.  ( 31 min )

(Bloomberg) -- Citigroup Inc. has bought about $160 million of Russian aluminum from the London Metal Exchange, something many banks have refused to touch since the invasion of Ukraine.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Plan to Voters. He Faces One Big ProblemCohn and Summers Talk Trump, China  ( 32 min )

Market watchers grasped at several theories for the sudden downward movement in prices, from turmoil in China to interest rate fears.  ( 32 min )

The devil is in the details. Investors shouldn't forget about some rights the United Steelworkers union has at United States Steel.  ( 26 min )

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The latest Apple iPhone models are expected to include relatively modest upgrades, but bulls still expect strong demand.  ( 26 min )

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Wedbush analyst Matt Bryson said he expects the chipmaker to to beat expectations and offer a “robust forward outlook,” when it reports Wednesday.  ( 26 min )

If you qualify to participate in a non-qualified deferred compensation (NQDC) plan, you may want to pay attention closely. These accounts can offer high-earners who have maxed out their traditional retirement savings options an appealing opportunity to set aside a substantial portion of their income and invest it on a tax-deferred basis. In a new […] The post This Little-Known Account Can Help High Earners Accumulate Wealth appeared first on SmartReads by SmartAsset.  ( 32 min )

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Meta managers will be tracking whether employees are sticking with its return-to-office policy.  ( 10 min )

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(Bloomberg) -- Edward Yardeni, the economist who coined the term “bond vigilantes” during the 1980s and has regularly predicted their return to the investment landscape ever since, said they’re “saddling up.”Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyChina’s Hidden Financial Dangers Erupt With Shadow Bank CrisisNiger Soldie  ( 32 min )

A California regulator has halted a plan for Medical Properties Trust to take a stake in a struggling hospital chain’s business.  ( 28 min )

With about 99% of the firm controlled by founder Pham Nhat Vuong, the small amount of publicly available shares makes the stock prone to volatility. The loss-making firm was valued at $85 billion in its Wall Street debut on Tuesday, which was followed by a 46% slump in two days that brought down its value to $46.4 billion, closer to that of legacy automakers Ford and General Motors. The company, which has struggled to retain senior executives and has an ambitious target of selling 50,000 electric vehicles this year, is shifting to a new "hybrid model" for sales, bringing in distributors and dealers for overseas markets.  ( 31 min )

The shares were down 1.1% in early trading, putting them on pace to drop for a sixth consecutive day.  ( 27 min )

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Hawaiian Electric upgraded, CVS downgraded: Wall Street's top analyst calls  ( 33 min )

Stocks were set to continue an August swoon on Friday.  ( 31 min )

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The U.S. Federal Reserve is likely done raising interest rates, according to a strong majority of economists polled by Reuters, and a slight majority now expect the central bank to wait at least through end-March before cutting them. A 90% majority, 99 of 110 economists, polled Aug 14-18 say the Fed will keep the federal funds rate in the 5.25-5.50% range at its September meeting, in line with market pricing. After raising rates by 25 basis points last month, Fed Chair Jerome Powell kept options open for whether there would be a hike or a pause at the September meeting.  ( 33 min )

The United States on Friday will finalize a decision to impose import duties on solar panel makers who finished their products in Southeast Asian nations to avoid tariffs on Chinese-made goods, according to a senior Commerce Department official. The decision, which largely mirrors a preliminary finding the agency made in December, was opposed by buyers of solar panels that rely on cheap products made overseas to make their projects competitive. But it is good news for the small U.S. solar manufacturing industry, which for years has struggled to compete with Chinese goods and is enjoying renewed investment due to subsidies in U.S. President Joe Biden's landmark climate change law.  ( 30 min )

Hawaiian Electric Industries surged in Friday’s premarket trading, following an eight-day losing streak. The stock (ticker: HE) has faced significant pressure since last week, plummeting by 17% on Thursday. Investors have been concerned by the emergence of class-action lawsuits against the company  ( 12 min )

Stocks were set to continue an August swoon on Friday.  ( 30 min )

KeyBanc Capital Markets analysts downgraded shares of the e-commerce company for luxury fashion to Sector Weight from Overweight.  ( 26 min )

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A symbol of China's property crisis filed for Chapter 15 bankruptcy protection. Troubles continue at other developers—and in the financial system.  ( 27 min )

Deere reports fiscal third-quarter earnings of $10.20 a share. Wall Street was looking for $8.22.  ( 26 min )

While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been up. The reason for the rally has been primarily down to AI hype, with various cultural commentators predicting this tech’s impact could be as big as that of the Industrial Revolution. But not all are quite as hyperbolic. There are grumblings on Wall Street that we are now entering an AI-driven bubble, with some prominent market watchers claiming the rally might not be sust  ( 34 min )

Ratings agency Moody's Investors Service earlier in the day downgraded the company's stock to junk status. Hawaiian shares have lost more than half of its value since the Aug. 8 wildfires that destroyed the coastal Maui town of Lahaina and killed at least 110 people. The company did not clearly outline the purpose for which it was seeking expert advice.  ( 31 min )

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Advance Auto Parts could run like a dream again with a new CEO.  ( 25 min )

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Investing.com -- VinFast Auto (NASDAQ:VFS) shares tumbled for a third straight session in early U.S. trading on Friday, representing another step down from an eye-popping surge in the Vietnamese electric vehicle maker's stock after its debut on the Nasdaq on Tuesday.  ( 31 min )

Deere & Co raised its annual profit forecast on Friday as demand for large farm tractors remains robust, while easing supply chain bottlenecks lower manufacturing costs. The Moline, Illinois-based company has also seen high demand for its construction equipment, as the United States upgrades roads, railways and other transportation infrastructure under the Joe Biden administration's $1 trillion package approved by the Senate in 2021. Deere, a barometer for the global economy, has maintained resilient operating profit margins, despite global market volatility.  ( 31 min )

(Bloomberg) -- Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildThe world’s top  ( 31 min )

Elon Musk's SpaceX has written down the value of its crypto holdings and sold Bitcoin, The Wall Street Journal reports.  ( 26 min )

(Bloomberg) -- Steve Cohen is contesting an Internal Revenue Service campaign to compel hundreds of money managers — including his Point72 Asset Management — to pay self-employment taxes on a main source of earnings.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal  ( 32 min )

Secret Ford meetings prep white-collar workers to work in parts depots if the UAW goes on strike. "This is the little bit Ford can do," analyst says.  ( 36 min )

Applied Materials reports earnings and issues a forecast better than analysts' expectations, Keysight stock falls after a weaker-than-expected fiscal fourth-quarter outlook, and Farfetch slumps after a quarterly sales miss. Meanwhile, Deere, XPeng, and Palo Alto Networks are scheduled to report earnings Friday.  ( 27 min )

(Bloomberg) -- Chinese authorities have stepped up efforts in recent days to bolster the financial market in a sign that Beijing is growing uncomfortable with the pace of declines in stocks and the yuan. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reac  ( 32 min )

Shares of the power-generator maker are down 56% over the past year, and 35% since Barron’s recommended buying them last fall.  ( 26 min )

Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.  ( 33 min )

(Bloomberg) -- After an astronomical rise in its first day of trading, VinFast Auto Ltd. is now coming back to Earth — erasing a chunk of its billionaire founder’s fortune.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Wor  ( 30 min )

(Bloomberg) -- Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A report of Elon Musk’s SpaceX selling Bitcoin holdings added to the concerns. Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlob  ( 31 min )

Late-night announcement is the latest in the drama for the control of United States Steel Corp.  ( 11 min )

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(Bloomberg) -- Bets on long-dated Treasuries have backfired as the US economy holds firm, but payday is coming for those who are brave enough to stick to their guns.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries Bu  ( 32 min )

Bitcoin traded at around US$26,800 on Thursday morning in Asia after hitting a two-month low of around US$25,400. Ether fell below US$17,000.  ( 33 min )

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The S&P 500 ticked down just 0.01% and was little changed on Friday, Aug. 18, 2023, closing out a week of losses after mixed reactions to the latest earnings reports.  ( 1 min )

U.S. equities were mixed at midday on Friday, Aug. 18, 2023, amid concerns about China’s property market after Chinese real estate giant Evergrande filed for Chapter 15 bankruptcy protection.  ( 1 min )

Applied Materials shares climb after boosting its forecast on rising demand for AI computing and internet-connected devices, while ADRs of Chinese EV maker XPeng slide after a decline in deliveries. Here’s what investors need to know today.  ( 1 min )

The S&P 500 fell 0.8% on Thursday, Aug. 17, 2023, as declines in shares of CVS and other healthcare stocks weighed on the index after Blue Shield of California said it would reduce its reliance on CVS.  ( 1 min )

Het moederbedrijf van Douwe Egberts en Pickwick, JDE Peet's, peinst er niet over om zich terug te trekken uit Rusland. Dat zegt topman Fabien Simon in een interview met The Wall Street Journal. Veel bedrijven hebben zich teruggetrokken uit Rusland wegens de inval van Rusland in Oekraïne.  ( 4 min )

Specsavers stopt na nog geen jaar met zijn drie winkels in België. Dat laat de opticien- en audicienketen vrijdag weten op zijn website.  ( 3 min )

De economie van eurolanden zal in de komende jaren blijven groeien en het is onwaarschijnlijk dat die in een diepe of lange recessie zal belanden. Dat zegt bestuurder Philip Lane van de Europese Centrale Bank.  ( 4 min )

De aandelenkoers van betaalverwerker Adyen daalt vrijdag verder naar de laagste koers sinds april 2020. Dit na een dramatische koersval donderdag. Toen verloor Adyen door een koersdaling van bijna 40 procent in een dag bijna 19 miljard euro aan beurswaarde.  ( 4 min )

Het lijstje van bedrijven dat het faillissement van Big Bazar aanvraagt wordt steeds langer. Het beursgenoteerde vastgoedbedrijf Wereldhave is nu ook naar de rechter gestapt om de koopjesketen failliet te laten verklaren.  ( 3 min )

De aandelenkoers van betaalverwerker Adyen daalt vrijdag verder. Dit na een dramatische koersval donderdag op de Amsterdamse beurs. Toen werd Adyen door een koersverlies van bijna 40 procent in een dag 19 miljard euro minder waard op de beurs.  ( 3 min )

Schiphol schaft dertig nieuwe tilhulpen aan om bagagesjouwers te ontlasten. Eerder werden ook al negentien robots ingezet na scherpe kritiek van de Arbeidsinspectie.  ( 3 min )

De bitcoin is in een dag tijd abrupt met ongeveer 8 procent in waarde gedaald. De koers ging van ruim 26.000 euro donderdagochtend naar ruim 24.000 euro vrijdagochtend. Die waardedaling volgt op het nieuws dat SpaceX zijn bezittingen in bitcoins heeft afgewaardeerd.  ( 3 min )

Nederland zit momenteel in een recessie, maakte statistiekbureau CBS woensdag bekend. Dat komt onder andere doordat huishoudens zuiniger leven. Wij vroegen jullie daarom hoe jullie de kosten van boodschappen laag houden. Op ons reactieplatform NUjij deelden lezers hun tips.  ( 4 min )

Energiebedrijf Vandebron gaat eigenaren van zonnepanelen laten betalen voor het terugleveren van stroom aan het netwerk. Op ons reactieplatform NUjij zijn daar veel vragen over gesteld. Ben Woldring, eigenaar van energievergelijkingswebsite Gaslicht.com, geeft antwoord op de beste en meestgestelde vragen.  ( 5 min )

In een rechtszaak waarbij een grondhandelaar op een dwingende manier lappen landbouwgrond verkocht aan een particulier, vindt de rechter dat er meer financieel toezicht moet komen op deze praktijken. De handel in grond is voor kopers namelijk zeer risicovol.  ( 5 min )

In Nederland rijden er nu 1 miljoen bestelauto's rond. Dat blijkt uit cijfers van de RDW (Rijksdienst voor het Wegverkeer) waar het AD over schrijft. Dit jaar zijn er al 53.000 nieuwe auto's geregistreerd. Dit zijn vooral busjes van het merk Volkswagen.  ( 3 min )

Nederland zit momenteel in een recessie, maakte statistiekbureau CBS woensdag bekend. Dat komt onder andere doordat huishoudens zuiniger leven. Wij vroegen jullie daarom hoe jullie de kosten van boodschappen laag houden. Op ons reactieplatform NUjij deelden lezers hun tips.  ( 4 min )

An Anderson Economic Group report shows that a 10-day United Auto Workers strike could hit the economy harder than past strikes due to lower inventory levels.  ( 1 min )

While entertaining multiple offers for financing, bankrupt trucking company Yellow has accepted Estes Express's $1.3 billion stalking horse bid for its shipment centers.  ( 1 min )

Fueling fears of a deepening property crisis in China, Evergrande filed for Chapter 15 bankruptcy protection to manage its debt under its massive restructuring process.  ( 1 min )

Chip tool maker Applied Materials reported sales that beat forecasts and raised its guidance on demand for AI chips.  ( 1 min )

CVS shares fell after Blue Shield of California said it would reduce its reliance on the company's pharmacy services and work with other firms, including Amazon, to cut costs.  ( 1 min )

AI has become the new ‘shiny object,’ attracting investors’ attention. The rush began this past November when OpenAI’s ChatGPT made its debut, demonstrating in the clearest possible way how AI can change the ways computers use the data they collect and the ways we interact with them. The sudden interest in AI has had a spiraling effect. Investors are seeking companies with greater exposure to AI, while tech firms are eager to publicize their own AI links and offerings. Keeping a close watch on t  ( 35 min )

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(Bloomberg) -- All around the world, bond traders are finally coming to the sobering realization that the rock-bottom yields of recent history might be gone for good. Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildChina Evergrande Group Files Chapter 15 Bankruptcy in New YorkKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesTh  ( 34 min )

(Bloomberg) -- Applied Materials Inc., the largest US maker of chipmaking machinery, gave a bullish forecast for the current quarter, indicating that an industry slump may be fading.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More HikesKen Griffin Reshaped Law Banning Chinese Real Est  ( 32 min )

According to billionaire entrepreneur Mark Cuban, taking a different approach when launching a business can lead to more success than relying on raising capital. During a recent Southby Southwest (SXSW) panel discussion, Cuban emphasized the value of starting a business “with as little money as possible” and bootstrapping it as much as you can. In the session titled Unleashing the Entrepreneur In Everybody, Cuban provided some insight on raising capital. Don’t Miss: The biggest disruption to sma  ( 32 min )

(Bloomberg) -- China Evergrande Group sought Chapter 15 bankruptcy protection in New York on Thursday, court papers show. Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More HikesKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesChapter 15 bankruptcy protects company’s US ass  ( 31 min )

For the quarter that ended in June, Wall Street expects XPeng to report a per-share loss of 31 cents from sales of $707 million. A year ago, XPeng reported a 46-cent loss from $1.1. billion in sales.  ( 26 min )

Today's best CD rates are 5.76% from Connexus Credit Union for 1 year, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 21 min )

The Vietnamese electric-car company has flip-flopped on strategy and recalled vehicles.  ( 27 min )

In a case last month, a federal judge decided that most sales of a token called XRP didn't qualify as securities transactions.  ( 26 min )

(Bloomberg) -- The fresh boom in stock options that expire within 24 hours has grabbed all the attention on Wall Street trading desks — spurring a Goldman Sachs Group Inc. warning that the activity is fueling the recent market selloff.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysFed Saw ‘Significant’ Inflation Risk That May Merit More H  ( 33 min )

Wall Street failed to rebound, continuing a gloomy August.  ( 32 min )

(Bloomberg) -- Broadcom Inc. has secured up to $28.4 billion in new debt commitments to fund its purchase of VMware Inc. and replace a shorter-term loan it had snagged as it awaits regulatory approval for the deal.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Y  ( 32 min )

I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I netted? – Thomas The answer is solidly "it depends," both in terms of whether […] The post AAA: I’m Selling My House and Netting $400k to ‘Pay Off My Retirement Home.’ Do I Have to Pay Capital Gains Tax? appeared first on SmartReads by SmartAsset.  ( 33 min )

Who owns the most U.S. Steel and Cleveland-Cliffs stock?  ( 11 min )

Jefferies analyst Mark Lipacis analyzed the June data for the six top cloud-based service providers and found that Nvidia gained market share over the past year.  ( 26 min )

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AMC Entertainment Holdings Inc. (NYSE:AMC) was one of the hottest meme stocks in 2021. Now, it's facing a stark reality. On Monday, AMC shares plummeted 35%. Investors were concerned about dilution following Friday's court approval of a settlement that would allow the company to convert its preferred equity units into common shares. This significant movement in the stock caught the attention of legendary investor Bill Gross, known widely as the Bond King. "Another Meme bites the dust — AMC," he  ( 33 min )

SpaceX did not immediately respond to a Reuters request for comment. The space company, which was founded more than two decades ago, was valued at roughly $150 billion at a recent employee stock sale, putting its valuation on par with that of Intel or Walt Disney , the Journal reported. In 2022, revenue doubled to $4.6 billion, helping the company reduce its loss last year to $559 million from $968 million, the WSJ reported.  ( 30 min )

(Bloomberg) -- Trucking firm Estes Express Lines has struck a $1.3 billion deal to acquire all of Yellow Corp.’s terminals out of bankruptcy, an offer that’s subject to higher bids should any materialize in the coming weeks.Most Read from Bloomberg‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateFed Saw ‘Significant’ Inflation Risk That May Merit More HikesNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGloba  ( 30 min )

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Americans will burn through all their pandemic savings by the end of September, according to estimates by the Federal Reserve.  ( 31 min )

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United States Steel Corp. released more details Thursday on its obligations under its basic labor agreement with United Steelworkers on the union’s role in any plant or corporate transaction.  ( 10 min )

Retirement account balances are roaring back after 2022's dismal performance.  ( 32 min )

The two companies failed to reach a deal by Oct. 26, 2022, as decided earlier, and now Tesla would take "all available legal remedies" unless the parties mutually resolve the matter, Core lithium said in a presentation on Wednesday. The notice of a potential legal claim is related to a binding term sheet the companies signed in March last year to negotiate the terms of a supply agreement under which Elon Musk-led Tesla would have received spodumene, a lithium-rich mineral.  ( 31 min )

ADRs of European payments giant and Stripe rival Adyen tumbled on Thursday after reporting its slowest sales growth ever, citing competition in key markets including the U.S.  ( 18 min )

Citi analysts raised their price target on the fintech stock to $12 from $10.  ( 26 min )

Bud Light was caught in a heated controversy in April over a collaboration with transgender influencer Dylan Mulvaney which gutted sales.  ( 32 min )

Wall Street looked to rebound from two straight down sessions.  ( 31 min )

Their collectible baseball cards, sneakers and Barbie dolls are their emergency funds.  ( 21 min )

As Coinbase Inc. (COIN) scraps with the U.S. Securities and Exchange Commission (SEC) on its right to exist as an exchange, the company has achieved an unprecedented milestone in U.S. oversight by winning approval to handle customers’ buying and selling of crypto futures.  ( 34 min )

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Its shares fell 16% in early trading after losing 19% in the previous session as the loss-making company faces an ambitious annual goal set by its founder Pham Nhat Vuong - to sell 50,000 EVs, more than twice the sales notched up so far this year. Meanwhile, its lofty valuation could be at risk as it looks to raise more capital over the next 18 months.  ( 30 min )

There are two sides to every coin. For penny stocks, or tickers that trade for less than $5 per share, this rings especially true. As some of the most divisive names on the Street, they are either met with resounding praise or forceful discontent. Going beyond the argument that you get more for your money, even minor price appreciation can result in massive percentage gains. However, some investors prefer to avoid these stocks entirely, as the fact that shares are trading at such depressed level  ( 35 min )

In response to the country’s escalating housing affordability issue, Elevate Money's new real estate investment trust (REIT), the Future Of Housing Fund (FOHF), is proposing a solution. Partnering with modular home manufacturer Boxabl, the fund aims to channel investment capital and innovation into the affordable housing sector. Boxabl's Innovative Home Construction Method Boxabl is making waves for its novel approach to home construction. Its modular units, which can be efficiently folded and s  ( 31 min )

Shares of electric-vehicle company VinFast fell more than 8% early Thursday, retreating for a second consecutive session. The Vietnamese car maker debuted on the Nasdaq on Tuesday after merging with a special-acquisition company. The stock more than tripled in its first day of trading, [vaulting Vi  ( 21 min )

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Shares of CVS Health dropped early Thursday after health insurer Blue Shield of California said it will drop CVS's Caremark pharmacy-benefit manager to work with other companies, includi  ( 22 min )

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Saving for retirement is a lifelong undertaking. It involves keeping your retirement goals in mind as you have children, get different jobs and move from place to place. However, a recent study from the Center for Retirement Research at Boston College … Continue reading → The post Empty Nester? This Avoidable Mistake Could Jeopardize Your Retirement appeared first on SmartAsset Blog.  ( 42 min )

With bids in play from Cleveland-Cliffs and Esmark, a battle for U.S. Steel is underway.  ( 27 min )

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The $40 billion J&J exchange offer for Kenvue stock is likely to be oversubscribed  ( 27 min )

Apple stock typically performs well ahead of a new iPhone release and this year will be no different, according to one of its strongest bulls.  ( 27 min )

Another set of results from Adyen, another stock-market drubbing. The Dutch payments provider, once a darling of the European tech scene, needs Silicon Valley to get its mojo back. The stock was down by more than a quarter in European trading Thursday after the company put out half-year numbers tha  ( 24 min )

Hawaiian Electric shares fell around 26% in premarket trading Thursday after The Wall Street Journal reported that the utility company is in [talks with firms that specialize in restructuring advisory work](https://www.wsj.com/articles/hawaiian-electric-in-talks-with-financial-restructuring-professi  ( 21 min )

After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.  ( 26 min )

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Investors are pricing in a rate cut and no recession.  ( 32 min )

Blue Shield of California is dropping CVS’s Caremark, its current pharmacy-benefit manager, and replacing it with a selection of other companies including drug delivery from Amazon.  ( 27 min )

Walmart's refresh is inviting in a new wave of customers, according to the company's C-suite.  ( 32 min )

The retailer raised guidance as earnings beat Wall Street expectations, driven by groceries.  ( 26 min )

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Tapestry posts fiscal fourth-quarter earnings of 95 cents a share, while Wall Street was expecting 97 cents.  ( 26 min )

Hedge fund EDL Capital is betting on further falls for China's offshore currency and says the yuan's slide could be the next "black swan event" to rattle world markets, according to an investor presentation this month seen by Reuters. The U.S. dollar has strengthened roughly 6% against the offshore yuan so far this year and Chinese state banks have been seen selling dollars this week to stem the yuan fall. EDL Capital, which manages about $1 billion, said factors weighing on the yuan include geopolitical tensions driving Western countries to re-home supply chains that will starve China of foreign investment.  ( 30 min )

The move sent shares of CVS sliding 8%, while rivals Cigna Group and UnitedHealth Group, which also have pharmacy benefit management units, fell sharply in premarket trading. Pharmacy benefit managers, which maintain lists of drugs covered by health insurance plans and negotiate prices with manufacturers, have recently come under scrutiny from lawmakers for their role in rising healthcare costs.  ( 31 min )

Walmart's grocery business, e-commerce efforts, and guidance raise shone in its second quarter earnings.  ( 34 min )

Walmart has been on the hunt for new profit drivers.  ( 33 min )

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Blue Shield of California says it aims to save millions on drug costs, and plans to drop CVS Caremark as pharmacy-benefit manager  ( 26 min )

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Apple stock typically performs well ahead of a new iPhone release and this year will be no different, according to one of its strongest bulls.  ( 27 min )

Cisco's fiscal fourth-quarter profit and sales beat analysts' estimates, Wolfspeed posts a wider-than-expected loss and issues disappointing guidance, BAE Systems is buying Ball Aerospace for $5.5 billion, and Walmart is scheduled to report second-quarter earnings.  ( 27 min )

(Bloomberg) -- The top three US wireless carriers have lost billions in revenue as smartphone sales dwindle in a reversal of the pandemic boom.Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGoldman Sachs Blames Zero-Day Options for Fueling S&P 500 SelloffAT&T Inc., T-Mobile US  ( 32 min )

After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.  ( 26 min )

(Bloomberg) -- Adyen NV’s shares plunged most on record after first-half earnings missed estimates, weighed down by the Dutch fintech company’s hiring push and inflationary pressures. Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesNiger Soldiers Killed in Attacks by Armed Group,  ( 32 min )

Shares of the payments giant are down 80% from their pandemic-era high in 2021.  ( 26 min )

Oil exploration-and-production companies look like the sweet spot for investors, rather than refiners, oil-field services providers, or other energy-related firms.  ( 26 min )

One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.  ( 31 min )

The average retirement saver with a seven-figure balance is 59 years old.  ( 26 min )

China's major state-owned banks were seen busy selling U.S. dollars to buy yuan in both onshore and offshore spot foreign exchange markets this week, people with direct knowledge of the matter said, in an attempt to arrest the yuan's rapid losses. State banks usually act on behalf of China's central bank in the country's foreign exchange market, but they could also trade on their own behalf or execute their clients' orders. Offshore branches of the state banks were seen selling dollars during London and New York trading hours this week, two sources with direct knowledge of the matter said on Thursday.  ( 30 min )

Bitcoin, Ether and Top 10 crypto fell on Thursday morning in Asia. Coinbase receives futures approval.  ( 32 min )

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Today's top stories for NVIDIA Corp (NASDAQ: NVDA) revolve around the competitive landscape of the semiconductor industry and the company's strategic moves in the market. NVIDIA's AI Chips: A Game-Changer for Data Centers: NVIDIA's CEO, Jensen Huang, underscored the economic advantages of the company's AI chips over traditional CPUs in data centers. The Grace Hopper Superchip, a fusion of CPU and GPU, promises substantial energy savings and enhanced performance for generative AI tasks. Huang ill  ( 32 min )

A bank letter of credit policy assures a company engaged in an international transaction of the creditworthiness of the buyer.  ( 19 min )

Blockstack (Stacks) is a blockchain-based version of the internet that allows full control of data and apps to the user.  ( 22 min )

Retained earnings are the cumulative earnings that have yet to be paid to shareholders. Retained earnings are also used to reinvest back into the company or pay down debt.  ( 23 min )

Find out how some indicators help investors predict the likely opening direction of stocks. Also, determine how international markets influence the open.  ( 22 min )

Using leverage in a housing purchase can significantly increase your real estate net worth. Learn how increasing leverage can benefit your net worth.  ( 25 min )

An actuarial adjustment refers to a revision made to reserves, premiums, benefit payments, or other values based on a change in actuarial assumptions.  ( 19 min )

Fast-track your MBA degree with a double major to help give your career the edge it needs and create a focus in an area of expertise.  ( 23 min )

Saving for college is a major investment that can span years. CDs can take several years to mature. So can you use CDs to fund a 529?  ( 22 min )

A business loan is a type of financing that is used by businesses. Companies can take out business loans from a bank, an online lender, or a credit union.  ( 22 min )

A bridge loan is short-term financing used until a person or company secures permanent financing. It provides immediate cash flow.  ( 23 min )

Merchant category codes (MCC) are used by credit card companies to classify purchases according to the type of merchant. They are important for card rewards programs and other purposes.  ( 23 min )

A zero liability policy absolves a credit or debit cardholder from responsibility for fraudulent charges. But it may not apply in all circumstances.  ( 23 min )

Today's best CD rates are 5.76% from Connexus Credit Union for 1 year, 5.75% from MapleMark Bank for 1 year, and 5.65% from Dow Credit Union for 3 months.  ( 19 min )

The S&P 500 fell 0.8% on Thursday, Aug. 17, 2023, as declines in shares of CVS and other healthcare stocks weighed on the index after Blue Shield of California said it would reduce its reliance on CVS.  ( 16 min )

Wahed Invest Inc. is likely a welcome platform in the robo-advisor environment for religious Muslims.  ( 25 min )

Some home renovations can boost the value of your home but others will cost you money you won't recoup. Consider a few things before investing in upgrading your home.  ( 23 min )

CVS shares fell after Blue Shield of California said it would reduce its reliance on the company's pharmacy services and work with other firms, including Amazon, to cut costs.  ( 17 min )

A Medicaid waiver is an expansion of Medicaid eligibility for people with disabilities, among other populations.  ( 22 min )

Buying a car is a big purchase, especially if you have to borrow to make it happen. These tips will help you get a loan at a cost that's right for you.  ( 23 min )

Understanding dividends and how they generate steady income for shareholders will help you become a more informed and successful investor.  ( 23 min )

Ancillary benefits are a secondary type of health insurance that covers miscellaneous medical expenses that are incurred during a stay at the hospital.  ( 18 min )

Cooperative insurance can cover co-op apartments and healthcare. Cooperative insurance allows policyholders to buy more coverage at an affordable cost.  ( 22 min )

The 30-year fixed-rate mortgage averaged 7.09% as of August 17, a level not seen since 2002, when it peaked at 7.18%.  ( 17 min )

A bondholder is an individual or other entity who owns the bond of a company or government and thus becomes a creditor to the bond's issuer.  ( 28 min )

A letter of indemnity is a letter guaranteeing that contractual provisions will be met; otherwise, financial reparations will be made.  ( 19 min )

The War Damage Corporation was a government program created during World War II to provide coverage for property damages related to war.  ( 19 min )

Transferring balances from one or more credit cards to a new card can have both positive and negative effects on your credit score. Here is how to do it right.  ( 23 min )

Chapter 13 is a U.S. bankruptcy proceeding in which debtors reorganize their finances in order to repay creditors within three to five years.  ( 24 min )

Chapter 12 is a special form of bankruptcy filing in the United States that applies specifically to farms and fisheries.  ( 24 min )

Silicon Valley is an area in Northern California that is home to a large number of innovative technology companies.  ( 29 min )

The Inflation Reduction Act, enacted a year ago, did a lot of things. Reducing inflation likely wasn’t one of them—at least not yet.  ( 22 min )

Planning a sale or transition of your practice over time can help ease your clients into it and can net you a higher sale price.  ( 19 min )

U.S. equity markets were little changed and mixed midday on Thursday, Aug. 17, 2023, after the latest earnings reports.  ( 16 min )

While markets in Asia and North America have been lagging behind, growth of premium and ultra-premium sales coupled with the launch of the iPhone 15 could catapult Apple over competitors in unit sales.  ( 17 min )

Stranger-owned life insurance is when someone tries to buy coverage on a person they don't know, and is illegal. Here's why.  ( 24 min )

The Blue Book or Kelley Blue Book lists new and used car prices, helping car buyers determine the fair market value and trade-in value of automobiles.  ( 21 min )

The number of IRA accounts rose 34.8% for females aged 18 to 35.  ( 17 min )

The Multifiber Arrangement (MFA) was an international trade agreement between several countries on textiles and clothing that was active from 1974 to 2004.  ( 21 min )

ADRs of European payments giant and Stripe rival Adyen tumbled on Thursday after reporting its slowest sales growth ever, citing competition in key markets including the U.S.  ( 17 min )

AAA is the highest possible rating assigned to the bonds of an issuer by credit-rating agencies such as Standard & Poor’s and Fitch Ratings. Read more about these bonds.  ( 22 min )

A-/A3 are similar rating categories issued by two different rating agencies, Moody's and S&P, to reflect long-term investment bond creditworthiness.  ( 21 min )

Homebuyers are increasingly turning to newly built single-family homes, representing a record 31.4% of homes on the market in the second quarter.  ( 17 min )

Retail giant Walmart beat profit and sales estimates thanks to surging grocery and e-commerce sales, as its discount-oriented business model shielded it from a broader slowdown in consumer spending.  ( 18 min )

Insurance losses from Maui's historic wildfires, which have claimed more than 100 lives and up to 2,200 buildings, could top $3.2 billion for homeowners and lead to the biggest insurance payout in Hawaii's history.  ( 19 min )

Britain's largest defense company, BAE Systems, said it plans to acquire Ball's aerospace operations for $5.6 billion.  ( 16 min )

The 30-year mortgage average is wavering just below a 21-year high. Movement was mixed across other loan types, with the three major ARM averages rising slightly.  ( 20 min )

If you have difficulty obtaining a conventional mortgage for a manufactured home, an FHA loan is an alternative for buying the home, the lot, or both.  ( 24 min )

The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Discover the current debt ceiling and its economic impact.  ( 30 min )

B1/B+ is the highest quality credit rating for non-investment grade bonds.  ( 21 min )

A passbook loan is a personal loan made to a savings account holder by the custodial bank using the balance of the savings account as collateral.  ( 21 min )

Walmart shares rise after reporting its inventory management and a jump in online sales helped it grow revenue above expectations, and Cisco shares move higher after an increase in orders helped it beat earnings estimates. Here’s what investors need to know today.  ( 18 min )

What are the most expensive stocks by share price? Berkshire Hathaway, NVR, Seaboard, Booking Holdings, and AutoZone top the list. While share price itself doesn't equal market value, here is a rundown of the most expensive stocks.  ( 20 min )

Allocated loss adjustment expenses (ALAE) are part of an insurer’s expense reserves that are attributed to the processing of an insurance claim.  ( 19 min )

If you want to get out of a car lease without paying early termination fees, then you have some alternatives, including lease swapping.  ( 20 min )

The digital divide refers to the gap between people who have access to modern information and communications technology and those who don’t.  ( 26 min )

Advance loss of profit (ALOP) insurance provides coverage for financial losses due to delays in construction and infrastructure projects.  ( 18 min )

Prior acts coverage is a feature of an insurance policy that extends current coverage to pay claims made on events that took place prior to the policy's date of purchase.  ( 19 min )

Crypto lending is the process of depositing cryptocurrency that is lent out to borrowers in return for regular interest payments.  ( 24 min )

Insurance defense refers to attorneys who focus on representing cases that stem from insurance matters.  ( 18 min )

The aggregate limit of liability refers to the most money an insurer can be obligated to pay to a policyholder during a specified period.  ( 19 min )

A condotel is a hybrid property that combines the ownership of a condominium with the option to rent out units like a traditional hotel.  ( 18 min )

De winkelverkopen dalen alsmaar verder. Al vijf kwartalen op rij kopen we minder dan in dezelfde periode een jaar eerder. Door prijsverhogingen blijft de omzet voor veel winkels toch nog redelijk op peil.  ( 3 min )

De Britse regering roept lokale overheden op de pubs toestemming te geven om zondag vroeger open te gaan. Zondag spelen de Engelse voetbalsters onder leiding van bondscoach Sarina Wiegman de WK-finale tegen Spanje.  ( 3 min )

Betalingsverwerker Adyen kende donderdag een uitzonderlijk slechte dag. Door tegenvallende resultaten in het eerste half jaar wilden beleggers massaal van hun aandelen af. Daardoor ging de koers onderuit en verdampte 19 miljard euro van de beurswaarde.  ( 3 min )

Wie op het warmtenet is aangesloten, moet in de toekomst betere bescherming krijgen tegen extreme tarieven. Dat staat in het advies van toezichthouder ACM over nieuwe regels voor warmtenetten, waar minister Rob Jetten (Energie) aan werkt.  ( 4 min )

Kledingketen H&M wil stapsgewijs stoppen met leveranciers in Myanmar, meldt persbureau Reuters. Woensdag is een rapport over wantoestanden in kledingfabrieken in het Aziatische land verschenen.  ( 3 min )

Nog eens drie partijen willen een faillissementsaanvraag doen voor koopjesketen Big Bazar. Dat meldt directeur Joost Konings van Invorderingsbedrijf Amsterdam, dat de aanvragen in behandeling heeft.  ( 3 min )

Om te voorkomen dat het leven voor veel Nederlanders onbetaalbaar wordt, moet het demissionaire kabinet actie ondernemen. Dat zeggen budgetinstituut Nibud en Defence for Children als reactie op een armoedewaarschuwing waar het Centraal Planbureau (CPB) woensdag mee kwam.  ( 5 min )

De handel in het aandeel Adyen is donderdag korte tijd stilgelegd op de Amsterdamse beurs. De stap volgde op een koersverlies van 25 procent van het aandeel. Dat is het grootste dagverlies voor het betaalbedrijf, dat sinds 2018 een notering heeft in Amsterdam.  ( 3 min )

Vakbond FNV vindt een minimumloon van 14 euro niet meer hoog genoeg en pleit voor een verhoging naar 16 euro per uur. Ook toeslagen en kindgebonden budgetten zouden omhoog moeten in de strijd tegen armoede, vindt voorzitter Tuur Elzinga.  ( 4 min )

Minister Micky Adriaansens (Economische Zaken) heeft genoeg van de vertraging die satellietbedrijf Inmarsat veroorzaakt voor de ontwikkeling van sneller 5G-internet. Het bedrijf houdt belangrijke radiofrequenties bezet die daarvoor nodig zijn. Daarom pakt Adriaansens die frequenties op 1 februari 2024 af.  ( 5 min )

De werkloosheid in Nederland is in juli licht toegenomen. 3,6 procent van de beroepsbevolking was werkloos, tegen 3,5 procent een maand eerder. Dat is nog steeds een zeer laag percentage.  ( 3 min )

Ook Triodos Bank heeft de winst over het eerste half jaar van 2023 verdubbeld. De kleinere bank volgt daarmee het voorbeeld van ABN AMRO, ING en Rabobank. De banken profiteren volop van de renteverhogingen van de Europese Centrale Bank (ECB).  ( 5 min )

De groei van de Nederlandse economie valt dit en volgend jaar terug. Dat is geen probleem, omdat de economie de afgelopen jaren veerkrachtig bleek ondanks meerdere crises. De zorgen zitten hem vooral in de toenemende armoede als de steunmaatregelen stoppen.  ( 6 min )

NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Nederland zit momenteel in een recessie, maakte statistiekbureau CBS gisteren bekend. Dat komt onder andere doordat huishoudens nu zuiniger leven. Wat doe jij om de kosten van je boodschappen laag te houden?  ( 2 min )

De werkloosheid in Nederland is in juli licht toegenomen. 3,6 procent van de beroepsbevolking was werkloos, tegen 3,5 procent een maand eerder. Dat is nog steeds een zeer laag percentage.  ( 3 min )

De meeste Nederlandse beleggers hebben cryptoplatform Binance op tijd verlaten. Vandaag sluit Binance de Nederlandse accounts op het platform. Klanten hadden tot woensdag de tijd om hun cryptomunten over te zetten naar een ander platform.  ( 3 min )

De groei van de Nederlandse economie valt dit en volgend jaar terug. Dat is geen probleem, omdat de economie de afgelopen jaren veerkrachtig bleek ondanks meerdere crises. De zorgen zitten hem vooral in de toenemende armoede als de steunmaatregelen per 2024 stoppen.  ( 3 min )

Klanten van energiebedrijf Vandebron moeten voortaan extra betalen als ze zonnepanelen bezitten. Het bedrag is afhankelijk van de hoeveelheid elektriciteit die ze terugleveren aan het net. NUjij'ers vroegen zich af of een thuisbatterij een oplossing kan zijn.  ( 3 min )

Veel auto's beschikken over zogenoemde keyless entry-systemen. Daarmee kun je de auto openen en starten terwijl de autosleutel in je broekzak zit. Dat is erg handig en makkelijk, maar maakt je auto ook inbraak- of diefstalgevoelig.  ( 4 min )

U.S. equity markets were little changed and mixed midday on Thursday, Aug. 17, 2023, after the latest earnings reports.  ( 1 min )

What are the most expensive stocks by share price? Berkshire Hathaway, NVR, Seaboard, Booking Holdings, and AutoZone top the list. While share price itself doesn't equal market value, here is a rundown of the most expensive stocks.  ( 1 min )

The S&P 500 lost 0.8% on Wednesday, Aug. 16, 2023, after minutes from the latest Fed meeting showed members indicated interest rates may still have to rise to curb inflation.  ( 1 min )

While markets in Asia and North America have been lagging behind, growth of premium and ultra-premium sales coupled with the launch of the iPhone 15 could catapult Apple over competitors in unit sales.  ( 1 min )

Britain's largest defense company, BAE Systems, said it plans to acquire Ball's aerospace operations for $5.6 billion.  ( 1 min )

Walmart shares rise after reporting its inventory management and a jump in online sales helped it grow revenue above expectations, and Cisco shares move higher after an increase in orders helped it beat earnings estimates. Here’s what investors need to know today.  ( 1 min )

The company's stock was rising in late trading. The chip design software firm is getting a big boost from AI.  ( 26 min )

Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. However, as with almost anything, simplicity often holds the key. One of the most straightforward strategies is to keep an eye out for insiders’ moves. After all, these corporate officers are privy to their companies’ inner workings. So, when an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that they  ( 35 min )

You can currently earn a record 5.90% with the top CD, and more than two dozen other CDs pay at least 5.50%. Is this the peak, or will the best CD rates climb even higher?  ( 20 min )

(Bloomberg) -- Cisco Systems Inc., the largest maker of computer networking equipment, gave a lukewarm revenue forecast for the coming fiscal year, adding to concern that spending on tech infrastructure is slowing.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersFed Saw ‘Significant’ Inflation Risk That May Merit More HikesChina Shadow Bank Misses Dozens of Payments as Risks GrowStocks, Bonds Fall as Rate Hikes Left on the Table: Markets WrapMarc Becker, Apol  ( 31 min )

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Oil and gas services provider Energy Transfer LP agreed to buy Crestwood Equity Partners LP for $7.1 billion dollars, including $3.3 billion in debt.  ( 18 min )

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PayPal's new CEO has a tough job ahead of him when he takes the reins from Dan Schulman on Sept. 27.  ( 33 min )

Hawaiian Electric Industries is speaking with restructuring advisory firms to address financial and legal challenges over its potential liabilities in the wake of the Maui wildfires, the Wall Street Journal reported on Wednesday. The utility firm is in discussions over the strategies it can pursue and to determine whether it needs to hire legal and financial advisers, the report said, citing people familiar with the matter. Hawaiian Electric did not immediately respond to Reuters' request for a comment.  ( 31 min )

Stock indexes closed lower as investors reacted to minutes from the latest Federal Reserve meeting.  ( 32 min )

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Zim lost $213 million in the second quarter. Will rising trans-Pacific spot rates help it reverse course in the third? The post Shipping line Zim bets big on spot market as losses mount appeared first on FreightWaves.  ( 34 min )

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Reuters reported Wednesday that ArcelorMittal was considering a bid for United States Steel. That has U.S. Steel shares on the move.  ( 26 min )

Analysts downgrading stocks is an everyday occurrence and certainly nothing out of the ordinary. But it's major news when well-regarded stocks with large followings are the subjects of the downgrades. This week began with downgrades on three popular real estate investment trusts (REITs) across three different subsectors. Two of the downgrades were by the same analyst with Bank of America Securities and one was by an analyst with Argus Research. Take a look at the three REITs that could be in for  ( 34 min )

Who wins in the battle for control of U.S. Steel?  ( 12 min )

Jim Cramer, the well-known financial analyst and host of CNBC’s popular show “Mad Money,” is a figure with a reputation for outspoken opinions and a solid track record in the financial markets. Cramer recently delved into the art market and its potential as a solid investment option, particularly during times of inflation. In one of his episodes, Cramer highlighted Masterworks, a company that offers investors the opportunity to buy shares in individual artworks. The approach allows people to par  ( 31 min )

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(Bloomberg) -- Look closely at the contours of Tuesday’s tumble in the S&P 500 and fingerprints of a new market force come into focus.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMarc Becker, Apollo’s Impact Investing Co-Head, Dies at 51They’re options tied to S&P 500 with a m  ( 33 min )

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(Bloomberg) -- Sacks Parente Golf Inc.’s shares tumbled as much as 83%, erasing almost all of the big first-day gains that made it the strongest US stock-market debut of 2023.Most Read from BloombergGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersChina Shadow Bank Misses Dozens of Payments as Risks GrowTech Stocks Take a Leg Down Ahead of Fed Minutes: Markets WrapChina Asks Some Funds to Avoid Net Equity Sales as Markets SinkMarc Becker, Apollo’s Impact Investing Co-Head, Dies at 5  ( 31 min )

Barrick Gold Corp. (NYSE:GOLD) is one of the largest producers of gold in the world. But CEO Mark Bristow recently emphasized the importance of another metal to keep an eye on. During an interview with CNBC, Bristow said, "My view is that copper is the most strategic metal out of all the metals." He pointed out that batteries are a major driver for copper demand, but there's more to the story. "Batteries is not a long-term solution for the future of a better planet for all," Bristow said. "What'  ( 33 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )

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A leading Dallas energy player will pay big bucks for the company that merged with #Royals majority owner John Sherman's old business.  ( 10 min )

Stock indexes were looking to rebound from a day that saw each lose more than 1%.  ( 32 min )

Stock indexes were looking to rebound from a day that saw each lose more than 1%.  ( 32 min )

VinFast’s Nasdaq trading debut on Tuesday made Vingroup founder Pham Nhat Vuong a very wealthy man.  ( 32 min )

Britain is facing a growing risk of recession even as rampant inflation begins to ease, economists have warned.  ( 45 min )

Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value.  ( 26 min )

VinFast's stock opened at $22 apiece on Nasdaq — a surge of over 200% from the $10 per share price agreed upon with Black Spade Acquisition.  ( 31 min )

Buyers should focus on what they can control rather than try to predict mortgage rates.  ( 26 min )

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Investors seem convinced the security software company has chosen this inconvenient timetable because it has news to deliver shareholders might not like.  ( 26 min )

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The Houston area is losing one of its largest publicly traded energy companies in a deal valued at approximately $7.1 billion.  ( 11 min )